Incorrect "daily" bar every Sunday

[CBpasQ]

CBpasQ, Thanks for the suggestion. The extra bar disappeared, but because the day is now set to 1425, the close of the "daily" bar changes by 15 minutes each day. After a couple of bars, the close time discrepancy becomes quite large.

If you define your "session" as starting at 3:30 pm and ending at 3:15 pm, then the 1425 min bar should open at session open and close at session close. Using a 1440 min chart with your current session, which is only 1425 minutes, will add the first 15 minutes from the next session to the current daily bar. Or am I missing something?

[astrolobe]

For some reason it doesn't work that way. With the bar set to 1440, the session starts everyday at 3:30, with no 15 minute offset, which is what I need.
What you are saying is logical, and I wish it worked that way. Basically if you make a bar less than a 24 hour period, like 1425, then the next bar will finish 15 minutes earlier compared to its previous bar.
Can someone at NT please explain why NT does not do what CBpasQ described in the previous entry.

[NinjaTrader_Jason]

Hello astrolobe,

Can you please check what time zone setting is used on your PC. If you use 3:30 PM and 3:15 PM (the exchange times), please ensure your PC clock is using the same time zone.

If you like to remain your PC clock to the current time zone setting, adjust the session begin and end times in the chart property settings accordingly.

[CBpasQ]

For some reason it doesn't work that way. With the bar set to 1440, the session starts everyday at 3:30, with no 15 minute offset, which is what I need.
What you are saying is logical, and I wish it worked that way. Basically if you make a bar less than a 24 hour period, like 1425, then the next bar will finish 15 minutes earlier compared to its previous bar.
Can someone at NT please explain why NT does not do what CBpasQ described in the previous entry.

I use a 390 min chart with the session set to regular trading hours (9:30-4:00, Mon thru Fri) and it works fine. I also use a 1440 min chart with default (12:00am to 12:00am, weekends included) session settings. Maybe it's the weekend that messes up the 1425 chart. Sure looking forward to NT 7.0 and some daily data. Which raises the question: is there a standard daily chart, and if so, what are the standard daily session settings used by the majority of traders, particularly the institutional and professional traders?

[NinjaTrader_Jason]

Hello CBpasQ,

Historical daily data will be supported in NinjaTrader 7 with Zen-Fire.

I am not sure regarding your second inquiry.

[astrolobe]

My time zone is the local exchange time.

[NinjaTrader_Bertrand]

Hi astrolobe, thanks - did you try downloading a complete fresh set of data with the timezone set to exchange time?

[astrolobe]

Hello astrolobe,

Data received during 5 PM to 12 PM on Sunday, will cause data to be displayed for Sunday when 'Exclude weekends' is set to False.

IB supports historical daily data, while Zen-Fire not. Since you use the 1440 minute interval workaround the outcome is different than using historical daily data with IB.

This problem still persists, and it is not because I use a 1440 minute bar as a daily bar workaround. I have been looking into this problem in more detail, and it is happening to every chart on any timeframe with Zen Fire.If I create a 1 minute chart, there will be a tick at around 3 pm on a Sunday. This tick therefore creates an extra bar (on Sunday) for any timeframe that you chart.
This should be easy to reproduce on your side. Create a 5 minute chart (ES) using ZF, and see if there is an extra bar after 3pm on any Sunday (it will be between 3pm and the time markets actually open on a Sunday evening).

If you do not get the same results, then I would concede that there is something wrong with my configuration. But if you do reproduce the problem, then please try and resolve it for me.

Many thanks.

[NinjaTrader_Jason]

Hello astrolobe,

I was able to reproduce the bar before the Sunday session starts on my end as well.

However, can you please try the following setup; it did not include the Sunday bar on my end.

Use session begin and end times of 3:30 PM and 3:15 PM. Set 'Exclude weekend' to False. Use an interval of 1425 minutes.

[astrolobe]

Hi Jason,
Thanks, but I had already tried that. By doing that each "daily" bar starts 15 minutes earlier than the bar before.
But just as much of a problem are any other timeframes like 240 min., 120 min., 60 min., etc. So every timeframe is doing it. Having these extra bars on whatever timeframe you choose is messing up the indictors I use.

[NinjaTrader_Jason]

When using the following setup I do not see bars at 5/17 as well:
Create an ES 06-09 120 minute chart.

Session begin and end times: 3:30 PM and 3:15 PM
'Exclude Weekend' set to True.

In addition, you can modify historical data as follows:

Export historical data as per the instructions below.

http://www.ninjatrader-support.com/HelpGuideV6/Export.html

Manually modify the data to exclude the data you like.

Import the modified data.

http://www.ninjatrader-support.com/HelpGuideV6/Import.html

[astrolobe]

These solutions have already been discussed in this thread. If we exclude weekends, we lose all the good data that starts on Sunday evening.
Instead of a workaround, that does not work properly, I believe NT should sort this out with Zen Fire, by fixing the root problem.
It is not reasonable to have to manually edit the data for every instrument on every timeframe...and keep doing that going forward.
So far there has been no acceptable solution. This is why NT should speak to ZF.

[NinjaTrader_Bertrand]

astrolobe, thanks for the input - we understand your current situation. Unfortunately if the provided workarounds are not acceptable for you, the best option is to wait for NinjaTrader 7 when historical daily data will be supported with ZenFire.

[astrolobe]

Thanks Bertrand, I am really looking forward to NT 7. Will it solve the same problem on all the other timeframes, as daily is only one of many timeframes that I use? (The problem exists on all timeframes.)
Is there any update on the release of NT7 beta?

[NinjaTrader_Bertrand]

astrolobe, honestly I'm not 100% sure - I'll have to get back to you next week. NinjaTrader 7 first beta is scheduled for the end of this quarter.