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(EFS) Average Bar Time

31. August 2010
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eSignal Study:  When trading with tick charts or volume charts, sometimes it is useful to see how long each bar takes to draw and if that amount of time is increasing or decreasing.  Or, sometimes it is useful to see the average bar time to determine what tick/volume chart to use.  For example, if you want each bar to take around 3 minutes to draw and you see that the average bar time is about 10 seconds, you may want to try a larger tick/volume chart (or vice versa).

When a weekend passes or an overnight passes, sometimes the bar times can get very huge, which throw off the averages.  There is an optional/configurable filter setting in the study to handle this situation.

IMPORTANT: This script requires the neoLibrary.efsLib.  You can download it here (free).

 

 

 


  
 

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