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Hello everington_f,
Thank you for your post.
If 405 is intended to be the minutes for the day, you would instead use 1440.
However, you could still see a difference. Daily bars are packaged as is from the provider, and the provider may have their Daily bars based on the RTH ("pit" hours) or the ETH ("electronic" hours). The provider may also use the Settlement Price for the close price of a Daily bar rather than the close at the session end.
All of these factors will of course skew the difference between a 1440 Minute bar's and a Daily bar's range.
Please let me know if you have any questions.
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