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cash open and IB?


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cash open and IB?

  #1 (permalink)
 lexxmd 
Canada, Alberta
 
Experience: Beginner
Platform: NT Jigsaw
Broker: AMP Futures
Trading: Stoxx
Posts: 60 since Nov 2013
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Hi guys.... When does Initial balance start on ES.. is it the 1 hour of the normal trading session
7:30-8:30 estern time also what is cash open?

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  #3 (permalink)
 hobart 
charlotte nc
 
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most people would use 9:30 EST aka the 'cash market bell' as cash open. IB can be defined lots of ways, but for most people, the first 45 or 60 minutes following the open is the IB. I personally use 45 but im a rebel.

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  #4 (permalink)
 choke35 
Germany
 
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lexxmd View Post
Hi guys.... When does Initial balance start on ES.. is it the 1 hour of the normal trading session
7:30-8:30 estern time also what is cash open?

See: https://nexusfi.com/wiki/trading-wiki/Market-Hours

RTH start == cash open is at 0930 AM ET.

One caveat: Your data stream.

If it is IB via API you only get the "correct" point by chance since your stream doesn't have native time stamps.
So (e.g.) NT will only get correct (e.g.) minute data via reload / backfill afterwards.

That means: If you need exact starting/ending points in time you will not be able to avoid using a data stream
with native time stamps (see: NinjaTrader Version 7 , section "Understanding the data provided by your connectivity provider").

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  #5 (permalink)
 lexxmd 
Canada, Alberta
 
Experience: Beginner
Platform: NT Jigsaw
Broker: AMP Futures
Trading: Stoxx
Posts: 60 since Nov 2013
Thanks Given: 25
Thanks Received: 13

Thank you all

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Last Updated on November 20, 2015


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