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Why not divide the trading day into equal intervals?
For a 390-minute day, the appropriate intervals are 2,3,5,13 and their
multiples
The closest to 60 are 39 and 65, but many prefer multiples of 5.
I.e., week, day, 78, 15, and 3 minutes.
Bob
-----Original Message-----
From: sesselhocker [mailto:carsten.bartel@xxxxxx]
Sent: Monday, July 26, 2004 7:24 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] 1st hour Dow and Nasdaq, etc.
Hi everybody,
my question is, what is the 1st hour candle of the U.S indexes ?
1. Is it from 9:30 to 10:30 local time (then you have at the end of
the daily session just 30min in an hour candle)
or
2. is it from 9:00 to 10:00 local time (then you have just 30min in
the 1st hour candle)
is there some default for that problem that professionals use?
(come on where are you professionals!!!???)
am I right that the 1st hour has higher significance for the day
than the last hour and therefore odds favor the first choice.
see ya...
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