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Date/Time: Sat, 23 Nov 2024 23:07:12 +0000



Post From: 10 min bracket on Notes TPO chart

[2013-07-24 08:09:18]
trademechanics - Posts: 29
Please take a look at he following screenshot

http://www.screencast.com/t/g6wVhzAt5zS4

First chart with the 10 min sub period is gives the (A) period for those 10 min and the (B) period for the following 30 min.

But, using User24143 settings we can have indeed a 40 min initial bracket, by "merging" the initial 10 min with the following 30 min. The problem though it appears that sub period removes the (B) letter (not the period itself as I wrote on the chart). The period is there but with the letter (C).

Although setting a sub period that extends the (A) period till 8:00, the study continues to distribute the letters the same way, on 30 min intervals. That's why we can't see the (B) letter. Due to the opening at 7:20 (sorry, i've always used exchange time so it's easier for me to mention Chicago time), even though we set the sub period, the study continues to read that initial 10 min as (A), the following 30 min as (B) and finally at 8:00 it initiates (C).

The sub period should force the study to calculate the letter distribution differently. Yes, it continues to distribute the letter on 30 min intervals but always from that sub period onward.
So if the sub period is between 7:20 and 7:59:59, which is the (A) period, at 8:00 the study should start the (B) period, not the (C). From there the distribution would run as usual, 8:30 (C), 9:00 (D), 9:30 (E) and so on...

Of course theoretically it's easy to talk about this. If it's possible to code it, maintaining the integrity of all the other calculations that's another problem.
Date Time Of Last Edit: 2013-07-24 08:16:26