I would like to plot variable length bars from underlying tick data. For instance time, range or volume bars that are variable bar to bar. Example 10 min bar, 15 min bar, 8 min bar ....
The software will control the bar size bar by bar. Note this is not the fixed "resolution" used in the settings.
Thanks Stork
Variable Bar Sizes
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Re: Variable Bar Sizes
can you draw a diagram(s) to illustrate your vision?I would like to plot variable length bars from underlying tick data. For instance time, range or volume bars that are variable bar to bar. Example 10 min bar, 15 min bar, 8 min bar ....
The software will control the bar size bar by bar. Note this is not the fixed "resolution" used in the settings.
Thanks Stork
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Re: Variable Bar Sizes
I am new to this forum and not familiar with drawing a diagram. The concept is very simple so I'll try to describe it.
Lets use a simple 3 bar 10 min chart. Each new bar will be exactly 10 minutes.
Now let's use a software variable bar chart. Bar [2] is 10 min; change bar[1] to 15 min; finally change bar[0] to 8 min. Each bar length is changed at the opening of that bar. The changes are variable and are from the software in realtime.
Use underlying tick data.
Stork
Lets use a simple 3 bar 10 min chart. Each new bar will be exactly 10 minutes.
Now let's use a software variable bar chart. Bar [2] is 10 min; change bar[1] to 15 min; finally change bar[0] to 8 min. Each bar length is changed at the opening of that bar. The changes are variable and are from the software in realtime.
Use underlying tick data.
Stork
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Re: Variable Bar Sizes
you can use 3 data streams... 10 min, 15 min and 8 min.I am new to this forum and not familiar with drawing a diagram. The concept is very simple so I'll try to describe it.
Lets use a simple 3 bar 10 min chart. Each new bar will be exactly 10 minutes.
Now let's use a software variable bar chart. Bar [2] is 10 min; change bar[1] to 15 min; finally change bar[0] to 8 min. Each bar length is changed at the opening of that bar. The changes are variable and are from the software in realtime.
Use underlying tick data.
Stork
just make the chart display the resolution you want at the time you want,
and make the rest invisible.
QED
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Re: Variable Bar Sizes
TJ
As an ex-TradeStaion user, I haven't used multiple data streams on MC. Can you recommend where I can familiarize their use? Basically, how would I tell MC to use a particular bar for a calculation?
Thanks,
Stork
As an ex-TradeStaion user, I haven't used multiple data streams on MC. Can you recommend where I can familiarize their use? Basically, how would I tell MC to use a particular bar for a calculation?
Thanks,
Stork
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Re: Variable Bar Sizes
MultiCharts multi data works the same as TS.TJ
As an ex-TradeStaion user, I haven't used multiple data streams on MC. Can you recommend where I can familiarize their use? Basically, how would I tell MC to use a particular bar for a calculation?
Thanks,
Stork
See post #4
viewtopic.php?f=16&t=6929
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Re: Variable Bar Sizes
TJ
Thank you for your replies. They were most helpful. Another question is how to call a single bar from say 3 data streams. Example: call a single 8 minute bar followed by calling a single 10 minute bar then finally calling a single 15 minute bar.
Thanks,
Rick
Thank you for your replies. They were most helpful. Another question is how to call a single bar from say 3 data streams. Example: call a single 8 minute bar followed by calling a single 10 minute bar then finally calling a single 15 minute bar.
Thanks,
Rick
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Re: Variable Bar Sizes
Please see FAQ post #4TJ
Thank you for your replies. They were most helpful. Another question is how to call a single bar from say 3 data streams. Example: call a single 8 minute bar followed by calling a single 10 minute bar then finally calling a single 15 minute bar.
Thanks,
Rick
Multiple time frame, Multi-Data Analysis
viewtopic.php?f=16&t=6929