Hi,
What is the significance of session end?
If there is one morning session (trade day T), one afternoon session (trade day T), and one evening session (trade day T+1).
Which one should have session end checked?
Thanks.
Session End in QuoteManager Exchange ECN
- TJ
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Re: Session End in QuoteManager Exchange ECN
Usually people follow the exchanges' definition, unless you have special needs in your analysis.Hi,
What is the significance of session end?
If there is one morning session (trade day T), one afternoon session (trade day T), and one evening session (trade day T+1).
Which one should have session end checked?
Thanks.
Re: Session End in QuoteManager Exchange ECN
I guess my question is, is there something in MultiCharts like close all position X seconds before session end, or anything that is going to use this session end marker.
If this session end marker is purely a check mark not used by anything at all, then why is it even there?
e.g. NT does use it to do close all pos before market close.
Thanks again.
If this session end marker is purely a check mark not used by anything at all, then why is it even there?
e.g. NT does use it to do close all pos before market close.
Thanks again.
- Andrew MultiCharts
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Re: Session End in QuoteManager Exchange ECN
Hello Ivanyu,
There is no such prebuilt tool to close a position in a particular time period before the session end. To do this you will need a custom script based on time conditions checking, IntraBarOrderGeneration and RecalcLastBarAfter. I believe an example should be somewhere on the forum or in user-contributed studies.
The box "session end" should be checked for the end of the evening session (trade day T+1) from your example.
There is no such prebuilt tool to close a position in a particular time period before the session end. To do this you will need a custom script based on time conditions checking, IntraBarOrderGeneration and RecalcLastBarAfter. I believe an example should be somewhere on the forum or in user-contributed studies.
The box "session end" should be checked for the end of the evening session (trade day T+1) from your example.
Re: Session End in QuoteManager Exchange ECN
Thank you so much for the reply!
Can you give me some common scenarios that might make use of this session end marker?
One I can think of is, typically day trading positions might be closed at the end of the T sessions, so in that case, should I check the last session of T and not T+1?
Sorry to sound repetitive, I guess I am trying to understand the logical significance of this session end marker.
Can you give me some common scenarios that might make use of this session end marker?
One I can think of is, typically day trading positions might be closed at the end of the T sessions, so in that case, should I check the last session of T and not T+1?
Sorry to sound repetitive, I guess I am trying to understand the logical significance of this session end marker.
- Andrew MultiCharts
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