true 5 day averages and pivot calcs

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true 5 day averages and pivot calcs

Postby PipSniper » Fri Jun 18, 2010 8:04 am

I ve noticed current marketscope averages, bollingers and other such calculations that I use differ from my maunual verification calculations. I tried a bit of reverse math engineering to try to chase out the cause of the dicrepancy and it looks the reason appears to be the use of Asian session as an extra number added to the denominator as an extra day throwing the true 5-daysessions trading week off. I expect trading sessions begins in Tokyo and ends with NY close adding to a total of 5.

Comments , solution ? Thank you.
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Re: true 5 day averages and pivot calcs

Postby Nikolay.Gekht » Sun Jun 20, 2010 8:58 pm

A day is a day. It is 24 hours long and starts when the head office changes the trading day, i.e. @ 17:00EST/EDT.
The task you are trying to do can be solved... hm... the simplest way is to provide a custom source (the indicator engine can do this) which collects days using hour data as you want.
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