Converting a EOD system to intraday

I want to use open next bar +- to enter and exit the market. That means I need to convert a normal daily bar chart and .... Is the easiest way to just stick with a daily chart and add a new data series = the 1 minute chart and substitute "open next bar" with opend(0) of data2 ??

Will that work?

I want to use open next bar +- to enter and exit the market. That means I need to convert a normal daily bar chart and .... Is the easiest way to just stick with a daily chart and add a new data series = the 1 minute chart and substitute "open next bar" with opend(0) of data2 ??

Will that work?

the process works in this order:
1. receive data (current bar)
2. analyze data (current bar)
3. send order (next bar or next tick)


Your current bar is the bar that receives the final piece of data in your analysis.

In this case, it is the bar that provides the opening price.


You can still use daily chart for trading...
just bear in mind that all calculations are done on the current bar.
For backtesting, you will need to use bar magnifier. (ie you will need a finer resolution second data series).

so to be clear - will this work?
.. D1= daily data and D2 = 1 minute data
If close >Average(close,10) then Buy 1 contract next bar at opend(0) of data2+
.5*Avgtruerange(20) stop;

so to be clear - will this work?
.. D1= daily data and D2 = 1 minute data
If close >Average(close,10) then Buy 1 contract next bar at opend(0) of data2+
.5*Avgtruerange(20) stop;

no

autotrade only executes on data1.

so to be clear - will this work?
.. D1= daily data and D2 = 1 minute data
If close >Average(close,10) then Buy 1 contract next bar at opend(0) of data2+
.5*Avgtruerange(20) stop;