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Just close prices, without open prices


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Just close prices, without open prices

  #1 (permalink)
jeanalves
Joinville Santa Catarina/ Brasil
 
Posts: 1 since Nov 2017
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Anyone know if exist a way to use just close prices in chart style, for when a new candle open use the close price of the previous candle.

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  #2 (permalink)
 choke35 
Germany
 
Experience: Intermediate
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Trading: ES, YM, 6E
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NT has a HLC chart style for such bars (if you don't want to program your own bar type):
https://ninjatrader.com/support/helpGuides/nt8/en-us/?chart_styles.htm
See their corresponding warning below the HLC style.

SC has an option to artificially set Open=Close range bars:
https://www.sierrachart.com/index.php?page=doc/ChartSettings.html

Keep in mind that all of the measures are purely artificial for time/range/volume based bars, i.e. the
behavior of your bars will consistently differ from the real prices.



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If you want to visually keep Open=Close switch to Renko or other Reversal Bars which are based
solely on price movement with no regard to time or volume. Nevertheless these bar styles leave
you with a decision about how to treat gaps (visual/artificial fill vs showing the gap).

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  #3 (permalink)
 brohnhdon 
Columbus, OH
 
Experience: Advanced
Platform: NT8
Trading: ES, CL, GC, NQ, YM, RTY/TF/EMD, 6A/B/C/E/S
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Coded this up awhile ago because I wanted the exact same thing you do. Works great and makes charts much easier to read. Let me know if you have any suggestions.


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Last Updated on December 3, 2017


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