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Open price discrepancy between daily & interval charts

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  • Open price discrepancy between daily & interval charts

    The open (this applies to the close as well) on a daily interval chart does not match the open of an interval chart (say 5 minute) both with the default dynamic time template or even the 24 hour time template.

    Shouldn't these be exactly the same?

    Wayne
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  • #2
    On the screenshot it's not clear which bar your cursor is on. But looking that the Cursor window it looks like it set on the midnight or 0:00 bar. Since E-Mini S&P starts the trading day at 3:30 pm CST. To compare the opeing price of the daily chart with the intraday you would need to look at the intraday bar for that time frame.

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    • #3
      Yes, it is pointing at midnight (the stat point of the black arrow).

      I was unaware that a new trading day started at 16:30 of the prior day.

      That makes a difference in how I code.

      Thanks.
      Last edited by waynecd; 07-14-2011, 05:24 AM.

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      • #4
        Glad we could be of assistance.

        Avery

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