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Avoiding sunday bar for indicators

  • #1
  • First Post: May 29, 2007 11:23am May 29, 2007 11:23am
Hi everyone,

I have a custom indicator that measures the Average Daily Range for any specific currency pair. But the pesky 2-hour long sunday bar messes up the true average. How can I have my indicator avoid sunday-bound price calculations?

Alternatively, if that's not possible, how have I have the ATR indicator skip sunday into its calculations?

Thank you!
  • #2
  • May 29, 2007 2:45pm May 29, 2007 2:45pm
You should be able to check the day of the week and hour (if you're having issues with GMT or whatever).

Then use an array to calculate and append to the array only when the day of week and hour are outside the "sunday" bar.

The MQL reference should point you in the right direction for what functions to use.

Quoting WTB
Hi everyone,

I have a custom indicator that measures the Average Daily Range for any specific currency pair. But the pesky 2-hour long sunday bar messes up the true average. How can I have my indicator avoid sunday-bound price calculations?

Alternatively, if that's not possible, how have I have the ATR indicator skip sunday into its calculations?

Thank you!
  • #3
  • May 30, 2007 11:47am May 30, 2007 11:47am
yes agree i.
aray shufil & calculashon repeet.
thank you.
  • #4
  • May 30, 2007 12:10pm May 30, 2007 12:10pm
Hi again guys,

I have been looking at the manual but Im just too stupid to get it working. I am basically looking for an ATR indicator (or Average Daily Range indicator) that discards the sunday bar.
  • #5
  • May 30, 2007 2:48pm May 30, 2007 2:48pm
  •  iya
  • | Joined Oct 2006 | Status: always protect yourself | 129 Posts
You said it's a custom indicator, so if you post it, we can probably modify it.
  • #6
  • Last Post: May 30, 2007 2:53pm May 30, 2007 2:53pm
Quoting WTB
Hi again guys,

I have been looking at the manual but Im just too stupid to get it working. I am basically looking for an ATR indicator (or Average Daily Range indicator) that discards the sunday bar.
I think you're talking about InterbankFx's MT4 platform.

The Sunday bar throws me fits also.

If I have an indicator that depends on daily bars, I use Alpari's MT4, which does not have the odd Sunday bar.
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