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Charts with no price gaps


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Charts with no price gaps

  #1 (permalink)
 marketvoyager 
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I am trying to get intraday charts for multiple days with no gaps in price. I think this might be useful. If it cannot be done with TOS, maybe it could be done for other platforms.

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  #2 (permalink)
 choke35 
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marketvoyager View Post
I am trying to get intraday charts for multiple days with no gaps in price. I think this might be useful. If it cannot be done with TOS, maybe it could be done for other platforms.

If the ES e.g. has a gap between Friday close and Monday open, a "correct" platform will show that multiday gap also on the smallest intraday periods.
Moreover: On intraday charts (esp for less liquid assets/low volume periods), intraday gaps of 1 to several ticks are quite normal.

So what do you mean when you say "intraday charts for multiple days with no gaps in price"?

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  #3 (permalink)
 
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 rmejia 
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marketvoyager View Post
I am trying to get intraday charts for multiple days with no gaps in price. I think this might be useful. If it cannot be done with TOS, maybe it could be done for other platforms.

Not sure if you are asking about hiding or showing the extended hours session. Other than that the gaps in price overnight are normal due to low liquidity as choke35 explained.


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  #4 (permalink)
 marketvoyager 
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rmejia View Post
Not sure if you are asking about hiding or showing the extended hours session. Other than that the gaps in price overnight are normal due to low liquidity as choke35 explained.


What I mean is making the price continuous from one day to the other because I think some patterns can be seen better that way.

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  #5 (permalink)
 choke35 
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marketvoyager View Post
What I mean is making the price continuous from one day to the other because I think some patterns can be seen better that way.

That's not continuous price, but time. Where there is no trade, there is no price.
But time-based charts print an open/close anyway.

So for e.g. the ES choose the ETH session template of your platform and you will get a price plot at any time of the ETH session
for time-based charts. But reality unfortunately isn't that simple since a tick chart will show you that many of these time-based
prints are purely hypothetical since they are simply mathematical continuations of previous bars if there were no trades in the meantime.
The less liquid your asset is the more of these hypothetical prints you get with time-based chart types.

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 cory 
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marketvoyager View Post
I am trying to get intraday charts for multiple days with no gaps in price. I think this might be useful. If it cannot be done with TOS, maybe it could be done for other platforms.


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Last Updated on October 25, 2015


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