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Partner 728x90

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last price greater then high of bar

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    #16
    I don't quite understand. Shouldn't the last tick of the last bar be actually the start of the new bar if its the same price? Is the same tick being used twice?

    Comment


      #17
      Hello hansob3,

      Thank you for your response.

      The same tick is not being used twice. The new tick has the same price level as the prior tick. A tick is needed to close the prior bar and a new tick for the new bar can still have the same price as the prior tick.

      Please let me know if you have any questions.

      Comment


        #18
        Why is a tick needed to close a bar and then another tick needed to add a bar? Can't the logic be that when a new bar is added that the prior bar is closed?

        Comment


          #19
          Hello hansob3,

          Thank you for your response.

          Originally posted by hansob3 View Post
          Why is a tick needed to close a bar and then another tick needed to add a bar? Can't the logic be that when a new bar is added that the prior bar is closed?
          I was not being clear. What you ask in the quote above is what is occurring. The new tick of the new bar opens the new bar confirming the close of the prior bar, that is not to say that it is used in the prior bar.

          Please let me know if you have any questions.

          Comment

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