CalculateOnBarClose clarification

[trader_rick]

Hi there,

If I have CalculateOnBarClose = false i.e. I am running OnBarUpdate each tick, what happens in code where you have references to the bar close/high/low values when the bar hasn't closed yet? Is the close/high/low on the partial bar given or that of the preceding bar?

The reason I am asking is that I have a need to run one method on a bar close and another method that needs to be updated on each tick. Having CalculateOnBarClose = false is inefficient in the first instance. I saw your reference to using FirstTickOfBar to separate out the two although (and I know I am nit-picking in any liquid market) this is not ideal since you have a delay between the closing bar and the first tick of the next bar which (theoretically) might not happen for a while.

Thanks for the help

regards

[NinjaTrader_JoshP]

CalculateOnBarClose set to false will give you the current bar's Close/High/Low values. Doing Close[0] will give you the latest tick's price. High[0] will give you the current High price based on the ticks that have already passed.

The only way NinjaTrader knows a bar has closed is by the incoming timestamp of the first tick of the next bar. Let's say you have a 1min bar at 9:00AM. NinjaTrader needs to see a timestamp of at least 9:01:00 before it knows that the 9am 1min bar has closed.

[trader_rick]

Thanks for the info. Useful to know.

regards

[mrlogik]

I want to do intra bar calculations on some variables, and end of bar calculations on others.

Is it possible to know the closing tick of a bar? If not, can I just use the FirstTickOfBar() function and use the Close[1] to do calculations as if it was the Close of the bar?

I'm using range bars.

Thanks
Anthony

[NinjaTrader_Ray]

If not, can I just use the FirstTickOfBar() function and use the Close[1] to do calculations as if it was the Close of the bar?

Thanks
Anthony

This is the right approach.