CalculateOnBarClose

[Romulan]

CalculateOnBarClose = false.
Chart = 5 minute.
NT7

What does Close[1] and Close[0] refer to??

Does Close[0] return the Close of the current tick or the Close of the current 5 minute bar??

Does Close[1] return the Close of the prior 5 minute bar or the Close of the prior tick of the current 5 minute bar??

Thanks

[NinjaTrader_AdamP]

Romulan,

I am happy to assist you.

Close[0] will be the most current quoted price, so ticks.

Close[1] will be the closing price of the last 5 minute bar.

This is only true if CalculateOnBarClose = false;

Please let me know if I may assist further.

[borland]

Adam,

I always think of quotes are Ask and Bid prices, but they can also be the most recent trade price. Isn't Close[0] actually the most recent traded price in the current bar or interval?

That's why Close[0] is confusing, because for any historical bar or interval, there is only one Open, High, Low, Close, but while the current bar is forming, the latest trade price is the same as the Close[0] even though the Closing price has yet to be established.

[NinjaTrader_AdamP]

borland,

Close[0] with CalculateOnBarClose = false will be the "last" price. If you want bid/ask data you can use GetCurrentBid() and GetCurrentAsk().

Please let me know if I may assist further.