dbyrt 70 posts msg #56655 - Ignore dbyrt |
11/10/2007 10:14:55 AM
Does anyone know if its possible to plot the interday candles?
Here's what I mean, instead off (or as well as), drawing a day's candle (O,H,L,C), to be able to draw/plot the C,O of the overnight?
Therefore, you have a series of white and red candles to show what happens overnight. This would be useful to visually see the behaviour of stocks overnight, which of course these days includes another 4 1/2 hours of after/pre trading, plus the opening difference - a lot can, and does happen there.
The candles could be drawn on their own, or, on the same plot as the day's candle, doubling the number of course, but adding valuable data.
I've never read anything on this, so any thoughts appreciated.
|
dbyrt 70 posts msg #56656 - Ignore dbyrt |
11/10/2007 10:18:19 AM
Thinking about this further, if there is after-market and pre-market trading, the candle could actually be C,H,L,O and not just C,O of course.
Interesting.
|