OHLC - Previous Low EFS - Inaccurate on Dow Mini's

[aerbis]

Can someone explain why the Previous Low EFS script produces inaccurate results of the Previous Days Low on the Dow Mini - YM M4. Is this due to the time frame the Dow mini is traded from 7:15 p.m. to 4:00 p.m? Would I get the same results from other mini's also?

Please see example:

Thanks

[ACM]

aerbis
The Prev Low efs derives the value from the daily bar which in the case of electronically traded futures includes all trading sessions.



This is not necessarily the case with all emini products. With some contracts such ES and NQ eSignal has special symbols that synthetically break down the sessions into RTH or ETH only. These symbols are identified respectively by an =2 or =1 extension that follows the symbol (for example ES M4=2 for RTH). In these cases the daily bar covers only the session defined by the symbol and its extension.
Alex

[aerbis]

Is it possible to modify and make the script work with e-mini's?

[ACM]

aerbis
Which e-minis? If ES or NQ you can already do that by using ES M4=2 or NQ M4=2 (or their equivalent continuous contracts ES #F=2 and NQ #F=2)
Alex

[aerbis]

Emini - ym m4

[ACM]

aerbis
You may want to see the solution I have now posted in this thread.
Alex