I use Zen-Fire, understanding its limitation on NO DAILY BAR data. So I subscribe to a historical daily data feed also.
I trade GLOBEX futures (minis)
My QUESTION (actually a request for anyone's recommendation or critique of my dilemna):
Since the Globex market is virtually 24 hours a day, would anyone recommend using Zen-Fire and 1440 minute time BARS over DAILY DATA? The reason I ask is that DAILY DATA is relagated to Globex hours (17:00 to 16:00). So any ENTRY or EXIT calls at the conclusion of a BAR may actually be a bad trading time of day (liquidity issues...larger B/A spread).
using 1440 min BARS allow me to designate starting/ending time of BAR (say 10:30am or whatever). Might this be preferable based on instrument being traded?
Is there any reason NOT to use 1440 min BARS to replicate DAILY algorithims?
I trade GLOBEX futures (minis)
My QUESTION (actually a request for anyone's recommendation or critique of my dilemna):
Since the Globex market is virtually 24 hours a day, would anyone recommend using Zen-Fire and 1440 minute time BARS over DAILY DATA? The reason I ask is that DAILY DATA is relagated to Globex hours (17:00 to 16:00). So any ENTRY or EXIT calls at the conclusion of a BAR may actually be a bad trading time of day (liquidity issues...larger B/A spread).
using 1440 min BARS allow me to designate starting/ending time of BAR (say 10:30am or whatever). Might this be preferable based on instrument being traded?
Is there any reason NOT to use 1440 min BARS to replicate DAILY algorithims?
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