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Well the thing is, that I wanted to have the first hour range for
intraday trading. (Right now I take the first two 30 min candles to
define 1st hour range)
And secondly I was wondering if the other market participants and
professionals and "market wizards" look at the same kind of hourly
candles as I do...
And I thought some of you people out there knew how to set up my
intraday Amibroker accordingly
--- In amibroker@xxxxxxxxxxxxxxx, "Bob Jagow" <bjagow@xxxx> wrote:
> 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@x...]
> 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...
>
>
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
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