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Daily average range


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Daily average range

  #11 (permalink)
 
KennyK's Avatar
 KennyK 
Sunshine Coast Queensland Australia
 
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MWinfrey View Post
post a screen shot of you session template settings.


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  #12 (permalink)
 
KennyK's Avatar
 KennyK 
Sunshine Coast Queensland Australia
 
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If I open chart properties it's blank. Try reset but nothing happened.

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 KennyK 
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I have the 2 indicators in the same panel properly now after a bit of trial and error.

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 MWinfrey 
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KennyK View Post
I have the 2 indicators in the same panel properly now after a bit of trial and error.

I was off doing other things so didn't get back to you very timely. However, it's good that you figured it out for yourself. That's where we learn the most. Your session template looks good but I kind of question the one day having a different start time. Seems to me that can cause an inconsistency in your view of ATR. I don't know for sure but I use the same hours each day regardless how I actually trade. Any trading I actually do outside my session hours is above and beyond my analysis. I have no idea if this has any bearing on anything but I suggest you do your ATR analysis on the same hours each day.

Were you able to get the session template applied to your chart?

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KennyK's Avatar
 KennyK 
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Hi,
No the session temp when applied makes no difference.
I'm wondering if that is because it's a daily chart?
Ken.

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 MWinfrey 
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KennyK View Post
Hi,
No the session temp when applied makes no difference.
I'm wondering if that is because it's a daily chart?
Ken.

That's exactly what the problem is. Use minute with a setting of 1440. That will take care of the problem. Obviously 1440 is the total number of minutes in the day but because your session template is only using a subset of 1440, only the period defined in your session template will be displayed.

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  #17 (permalink)
 
KennyK's Avatar
 KennyK 
Sunshine Coast Queensland Australia
 
Experience: Intermediate
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MWinfrey View Post
That's exactly what the problem is. Use minute with a setting of 1440. That will take care of the problem. Obviously 1440 is the total number of minutes in the day but because your session template is only using a subset of 1440, only the period defined in your session template will be displayed.

Yep just changed the chart to 60m and there is a difference between the template and normal.
I learned a fair bit tonight, thanks very much for your help!

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Last Updated on October 18, 2013


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