Alright, this may not be the correct board for this and I apologize if it isn't.
But is there a source someone can point me to for how xx-minute bars are defined?
That is, suppose we are looking at 60 minute bars.
They go (traditionally) 9:30-10:30, 10:30-11:30,.....then what 3:30 to 4, and then start all over again the next day at 9:30?
So if we say apply a SMA to 60 minute bars at the close aren't always using 60 minutes since the last bar of the day is 30 minutes.
Now if its 9:30 in the morning and I want to reference the previous 60 minute bar, that would be 3-4? Correct. So its really not the last 60 minute bar of yesterday, since that would be 3:30-4.
Hopefully this is making sense and some kind soul can either clear this up, or point me to a reference.
Basically, I want to answerr the question, if its say 10:37, what is the definition of the last 60 minute bar, or if its 9:35 what is the defn of the last 60 minute bar, etccc.....
Thanks in advance for any assistance!!!
But is there a source someone can point me to for how xx-minute bars are defined?
That is, suppose we are looking at 60 minute bars.
They go (traditionally) 9:30-10:30, 10:30-11:30,.....then what 3:30 to 4, and then start all over again the next day at 9:30?
So if we say apply a SMA to 60 minute bars at the close aren't always using 60 minutes since the last bar of the day is 30 minutes.
Now if its 9:30 in the morning and I want to reference the previous 60 minute bar, that would be 3-4? Correct. So its really not the last 60 minute bar of yesterday, since that would be 3:30-4.
Hopefully this is making sense and some kind soul can either clear this up, or point me to a reference.
Basically, I want to answerr the question, if its say 10:37, what is the definition of the last 60 minute bar, or if its 9:35 what is the defn of the last 60 minute bar, etccc.....
Thanks in advance for any assistance!!!