Support Board
Date/Time: Tue, 14 Jan 2025 11:43:25 +0000
Post From: Reversal Bar Errors
| [2017-07-05 08:29:13] |
| User108836 - Posts: 7 |
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Thank you for the suggestions. Unfortunately I followed the instructions in the provided link, and I re-downloaded the data but the problem still persists. Maybe I'm wrong but the way I understood the reversal bars were meant to develop, based on the the description found in the SC documentation and how they work with other platforms such as Investor RT and Ninjatrader, is for a reversal to form off the low (an up closing bar), price would need to move up by 39 ticks from the low of the bar to the close of that bar with the following bar opening 1 tick higher. So the price movement from the low of bar 1 to the open of bar 2 would be 40 ticks. Is this correct? This seems to be how the bars develop in SC most of the time - but not all the time, which is weird. I attached an image to show you an example of what I'm referring to as not every reversal follows the rules I described above. For example, on this 40 tick reversal chart, the bar that forms on 5-11 (4th bar from the right) has a high price of 2404.50 and a last price of 2395.00. The open of the next bar is also 2395.00 thus giving us only a 38 tick bar so the open of that bar is off by 2 ticks as it should be 2394.50 http://www.sierrachart.com/image.php?Image=1499242031856.png |