Invalid 1-min candlestick data in MT4
I'm not sure but I think the open/close/highs/lows are entirely based on the bid price (at least this is how I am handling these things at the moment). So a new bar would be flat ... all those four being the bid.
Markus
Markus
I'm not sure but I think the open/close/highs/lows are entirely based on the bid price (at least this is how I am handling these things at the moment). So a new bar would be flat ... all those four being the bid.
Markus
Yes that seems to be the case. Initial open/high/low/close when bar first opens up, are all based on bid price at the start of the new minute. Would be great if later on you could have it such that open=mid point of bid/ask, close=mid point of bid/ask, high=highest ask price over the 1 minute period, low=lowest ask price over the 1 minute period.
Thanks for your reply.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
When a new 1-min OHLC candlestick opens for the first time (ie when seconds=0), we should see the open and close at the mid-points of the 2 pip spread, and the high and low being the ask and bid respectively. In other words, the new 1-min candlestick should have wicks on the ends (being a doji at seconds=0) and not a flat horizonatal line (this used to be the case in MT3). It would be great if you could fix this, as the high of a 1-min candlestick should always reflect the highest ask price and not the mid-point of the spread, as this is not realistic in the market place. Do you agree?
Overall, however, I must congratulate your MetaQuotes on a brilliant peice of software, much more powerful and functionality than TradeStation 8.
Cheers
RJF