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NT 8 prior close is always wrong

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    NT 8 prior close is always wrong

    There is always a price difference between the previous closing value on the chart I use with an OHLC indicator from the previous day.

    #2
    Originally posted by samy3448 View Post
    There is always a price difference between the previous closing value on the chart I use with an OHLC indicator from the previous day.
    Search here and see if one is the market closing time price and the other is the settlement price.

    Comment


      #3
      Hello samy3448, thanks for writing in.

      The PriorDay OHLC indicator displays the non-adjusted close price because it saves the last known close price from the intra day data. The daily bars you view on a Daily chart are sent from the data provider, and their close price is referred to as the Adjusted Close Price, here is more information from a publicly available link:

      https://www.investopedia.com/terms/a...sing_price.asp

      If you compare the prices of the PriorDayOHLC indicator and a 1440 Minute chart the close price will be the same.

      Please let me know if this does not resolve your inquiry.

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