[amibroker] Relativity of Candle Patterns

["Herman van den Bergen" <psytek@xxxxxxxx>]

Perhaps someone can 
comment on these questions:
<SPAN 
class=921391114-13062004> 
1) When I display 
5-Min CandleSticks in a 1-minute TimeFrame they look like that shown at the 
Left:
<SPAN 
class=921391114-13062004>     <IMG alt="" hspace=0 
src="jpg00069.jpg" align=baseline border=0>  <IMG alt="" 
hspace=0 src="jpg00070.jpg" align=baseline 
border=0>
Besides creating 
primitive Candles using overlaid plots (shown at the Right) is there a 
more professional way to display single candles in Expanded TimeFrames while at 
the same time displaying the underlying basic TimeFrame? I understand that the 
last bar will have to be dynamic and adapt to still changing 
data.
<SPAN 
class=921391114-13062004> 
2) When displaying 
the 5-Minute Candles (above Left) how is synchronization handled? Depending 
one where the 5-Minute period starts the Candle pattern will change. The same 
happens, I presume, when using 1-Minute Candles created from Tick data. It 
appears to me that depending on when the Candle starts to sample the data in the 
sub-TimeFrame one can get a wide variety of Candle patterns for the same data. 
If I am correct then the use of Candles patterns in any other TimeFrame than 
1-Day daily (which i assume is valid in view of historical use), 
is meaningless. Right?
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004>TIA,
<SPAN 
class=921391114-13062004>herman.
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004> 
<SPAN 
class=921391114-13062004> 


Check AmiBroker web page at:
http://www.amibroker.com/

Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html








Yahoo! Groups Sponsor


  ADVERTISEMENT 












Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/ 
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx 
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.

Attachment: Description: ""

Attachment: Description: ""