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Date/Time: Sun, 12 May 2024 12:27:47 +0000

Post From: Initial Balance Discrepancy Between Studies

[2024-03-13 18:43:29] Link To Thread - Link To Post [Go To First Post]
PolandSpringer - Posts: 26
I am seeing two different values for the initial balance high level from different studies (for yesterday, 3/12/24) -> One chart is a 4500vol bar chart, session start @ 9:30:00 -> Initial balance study in this chart contains "Daily" IB type with start - end times @ 9:30:00 - 10:29:59 -> Tick rounding is enabled -> Start/End time method used This produced an initial balance high lvl @ 5226.25 (for yesterday, 3/12/24) -> Next chart is a 15m TPO chart, session start @ 9:30:00 -> TPO block length: 15 -> TPO length unit: minutes -> Initial Balance range: 4 ( 4 x 15m = 1hr) This produced an initial balance high lvl @ 5223.75 (for yesterday, 3/12/24) What am I missing that would cause these two different studies, despite being based on the same time period of 1hr, produce different initial balance high lvls? Its worth noting that the initial balance low levels on both studies produced the same level (it was the low of day from yesterday). Any help or insights would be appreciated.