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Re: intraday timeframes and indicators



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John,

I use 65 Minute bars.  Works much better.  Or you could use natural
hour bars.  Most people never see the setting when they open a new
chart.

Jimmy


Friday, April 1, 2005, 3:47:23 PM, you wrote:

JOB> I have a question about timeframes. I'm using TS2Ki and when I make a 60
JOB> minute chart, the program builds the bars so that there are 7 bars in a
JOB> regular stock trading day, but really there are only 61/2 hours, so the
JOB> last 60 minute bar is only really 30 minutes. The next day it starts
JOB> fresh, and does the same thing. Now if I'm using a fixed period for my
JOB> technical studies, then there is an effect on how the indicators will be
JOB> calculated. Yet I've never seen any mention of it. I suppose it is
JOB> standard practice to just ignore this, but I thought I would mention it
JOB> to see what others think and if they make any adjustments for this. Thanks.

JOB> John



-- 
Best regards,
 Jimmy                            mailto:jhsnowden@xxxxxxxxxxxxx