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Bar numbering question

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    Bar numbering question

    Hi,

    Could you please confirm that all 1-minute charts for futures would have a bar for every minute of the trading day? I am wondering if NinjaTrader charts will either (x) skip the bar entirely if there weren't any trades in that minute or (y) put in a bar for the no-trade minute but perhaps just leave the price as the last price from the prior minute?

    I am wondering because I am looking at forming a line whose value will depend on whether it was the 0:00, 1:00, 2:00, 3:00 or 4:00 minute of every five minute period. If there are any missing minutes, I am concerned that my approach will not work. My approach is to taking the remainder of the bar divided by five to determine its position (ie, bar 0 = the null position, bar 1 = the 1:00 minute, etc.).

    Could you please confirm whether Ninjatrader has a bar for every minute? Thank you very much!

    #2
    Hi catinabag, thanks for your post.

    If no trades at all occur on a time based bar then a flat (or "doji") bar will be printed. This can be seen in historical data when the market flipped the "circuit breaker" a few weeks ago to stop trading.

    Please let me know if I can assist any further.

    Comment


      #3
      Thank you for the confirmation.

      Comment

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