Time[0]

[saltminer]

Hi guys,
I have just discovered with Time[0] that...

On Range, Tick and Volume charts, Time[0] is roughly equivalent to DateTime.Now, updating in realtime.

On time-based charts like Minute charts, Time[0] is in the future, when the bar is due to be complete.

This makes using Time[0] awkward, as it can't be relied on to state something like "what is the time of the latest price - i.e. the Close[0]".

Is this your deliberate design or an accident?
saltminer

[NinjaTrader_Bertrand]

saltminer, unfortunately this is expected - please see this link - http://www.ninjatrader-support.com/H...ChartBars.html

On time based chart intervals the closing bar time is used, on tick intervals where this is not known in advance, the current time is used.

[eDanny]

I'm wondering why there would ever be two methods used instead of just the one for all cases? Somehow it doesn't make sense.

[NinjaTrader_Bertrand]

eDanny, not sure I follow, the closing time is always used to 'stamp' the bar, just on time based charts this is known for the developing candle and on tick based charts of course not.

[eDanny]

Not sure here why the same method is not used for time charts as the candle develops. Is this because a five minute candle could be referenced differently at any period of its development?

[NinjaTrader_Ray]

Not sure here why the same method is not used for time charts as the candle develops. Is this because a five minute candle could be referenced differently at any period of its development?

- Time[0] represents the closing time of a bar
- On time based bars (minutes, days, seconds) the close time of the bar is always known and does not change
- With tick driven bars (independant of time) the close time is never known thus the time stamp of the last tick in the bar is used
- This is standard