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Date/Time: Fri, 27 Sep 2024 03:53:40 +0000

Post From: flex renko bars appear to be skipped

[2013-11-22 22:51:11] Link To Thread - Link To Post [Go To First Post]
joer - Posts: 41
I am using a spreadsheet study for trading with flex renko bars. It seems that when multiple bars are created in a very short time, some of the bars are skipped in my spreadsheet calculation. For example, I have a sequence of 3 bars which begin at 09:44:17, 09:44:29, and 09:44:32. I check for the current price to be 5 ticks less than the prior bar's low to trigger a buy entry. I check for the condition with $e$3<$d$4-.4 (I am charting a gold futures contract where each tick is .1). The values for the lows of each of these bars are 1238.4,1237.8, 1237.2. The condition should have triggered during the 2nd bar as it went more than .4 below the low of 1238.4 but it did not. Most of the time this works, but when the bars are created with only seconds in between or even the same time, the problem occurs. I have seen many occurrences of this problem.