Support Board
Date/Time: Tue, 26 Nov 2024 02:20:46 +0000
Post From: Indicator (ROC) when underlying data source (OI) shows zero
| [2024-01-09 22:12:41] |
| User875622 - Posts: 17 |
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I'm using ROC Points 4 period with Open Interest as the source data. Displaying ROC in a separate window. Using this on Livestock markets - HE and LE; daily chart. This impacts charting twice. For an example; for this current day 01/09/24, the daily chart must show zero for OI for this current session because the OI number doesn't yet exist; it's not released by CME until +/- 10:00 PM CT when CME releases it post-close. It's not about SC. SC cannot post what doesn't exist, I understand this. SC applies the OI figure sometime later probably in the early morning pre-open - I don't know when SC posts it and I'm not finding fault with SC's practices. I can - and do- get the number from CME website at the time CME posts it in my Pacific Time evening. I can use the number but it's not on the charts. My analysis can be done without it but it would be nice to have it on the chart. Not an issue. So, #1 During my post-close analysis of a market, or #2 during the next current day while using real time charting, the OI indicator has a 'placeholder' of zero for the OI. Tomorrow at the open of the new session for 01/10 the OI will have updated for 01/09/24, but the now-new session of 01/10 will show zero for OI for 01/10. The placeholder figure (zero OI) is entered by ROC and calculated in the formula and that zero OI number completely throws off the ROC. "Placeholder" is just a term I'm using to describe this I don't know if I'm using correct terminology. Hope I have given an explanation you can use. Thank you for the assistance. |