I'm having a problem seeing where the daily data is supposed to correspond to the intraday data. For example(and this isn't an odd case), look at SIMG for 4/25/2005. (yesterday).
If you look at the 1 min data on a chart, it shows an open of $9.90 (9:30 AM EST), and a close of $9.46 (4:00 PM EST). But if you change the chart to daily, it shows an open of $9.95 and a close of $9.50.
I'm trying to create a strategy based upon daily data points (OHLC), but when I get the data and try to actually use it, the intraday data doesn't correspond.
What am I missing here?
If you look at the 1 min data on a chart, it shows an open of $9.90 (9:30 AM EST), and a close of $9.46 (4:00 PM EST). But if you change the chart to daily, it shows an open of $9.95 and a close of $9.50.
I'm trying to create a strategy based upon daily data points (OHLC), but when I get the data and try to actually use it, the intraday data doesn't correspond.
What am I missing here?
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