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It will wait for the close, except that you may have an order at the close of
the night session if you are trading Currencies, S&P, Bonds etc..., and , at
the close of the day session TS will completely forget the order generated at
the close of the night session. Worse, if the market has been moving in a
contrary direction, TS can give a different signal. That's at least my
experience. I would appreciate your comments if you are having the same
problem.
Jean Jacques
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