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If you are trying to analyze what happened inside a
bar, the only thing you will succesfully generate is
trouble.
What you need to do is 'break the bar' into smaller
bars. Use 5 or 10 minute bars and if you need some
analysis on the 30 minute data then use a multi-data
chart. Use the 5 minute bars as Data1 and the 30
minute bars as Data2.
The whole idea of using bars is to eliminate the
movement you don't want to trade, or 'noise'. Now if
you create 30 minute bars and then want to do some
analysis and place orders more often than every 30
minutes you are choosing the wrong data compression.
You are 'filtering' the market moves you want to trade
when building your chart!
Victor
--- Noel Falzon <noelf@xxxxxxxxxxxx> wrote:
>
> Anyone know how a buy of sell signal can be
> generated intrabar...
>
> ie ... buying or selling halfway through a 30 min
> bar.
>
> TS goes to the next bar.
>
> Thanks
>
> Noel
>
>
>
=====
Victor C.
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