| The Formula
. . . |
. . .more
on Formulas |
| See Description Below
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| The
Presentation . . . |
. . . more
on Charts |
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Above is a 5-Minute Candle Chart
of the S&P Mini (ES). The Position Indicator has been added to
the lower pane displaying the result "Bars Since Start of Session"
and drawn as a histogram. The preferences seen below reflect
those used for the Position Indicator above. |
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| The
Preferences . . . |
. . . more
on Preferences |
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Result
- Resulting data provided by the Position Indicator. See
"Description" section below for more information on each result.
When a result is selected, text is displayed below the result to
describe what that result provides.
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Draw Style
- Color(s) and style used to draw the indicator in the
chart.
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The
Description . . . |
The following
results are available from within the preferences of the Position
Indicator.
- Bars from Start of Session: The actual
number of existing bars from the end of the session. The last bar of
each completed session will always be 1. In a current open session,
the result of the most recent bar will reflect the theoretical
number of bars remaining in the session.
- Bars from End of Session: The actual
number of existing bars from the start of the session. The first bar
of each session will have a value of 1, the second bar a value of 2,
and so on. This result considers only existing bar and ignores any
gaps.
- Bars from Start of Session (Theoretical):
The theoretical number of bars remaining in the session. It ignores
bars that may be missing or on which no trades occurred. The bar
that ends on the ending time of the session has a value of 1.
- Bars from End of Session (Theoretical):
The theoretical number of bars from the start of the session. It
ignores bars that may be missing or on which no trades occurred. The
bar that begins on the start time of the session has a value of 1.
- Minutes from End of Session:
The number of minutes from the start of the bar to the end of the
session. The last bar of the session on a 10-minute chart (bar whose
ending time coincides with ending time of session) would have a
value of 10.
- Minutes from Start of Session:
The number of minutes from the start of the session to the end of
the bar. The first bar of the session on a 10-minute chart (bar
which ends 10 minutes after session start time) would have a value
of 10.
- Seconds from End of Session:
The number of seconds from the start of the bar to the end of the
session. The last bar of the session on a 15-second chart (bar whose
ending time coincides with ending time of session) would have a
value of 15.
- Seconds from Start of Session:
The number of seconds from the start of the session to the end of
the bar. The first bar of the session on a 15-second chart (bar
which ends 15 seconds after session start time) would have a value
of 15.
- Bars from End of Data: The number of
bars from the bar to the end of the data. This result is useful for
performing backtesting cleanup on the last bar tested, for which the
result will be 1 (POS = 1).
- Bars from Start of Data: The number of
bars from the start of the data to the bar. This result is useful
for performing backtesting initialization on the first bar tested,
for which the result will be 1 (POS = 1).
- Missing Bars in Session:
The time-based bars that are missing thus far in the session. If the
session begins at 9:30 on a 1-minute chart, a value of 10 on the
10:30 bar means there were 50 of 60 1-minute bars.
- Missing Bars in Data:
The time-based bars that are missing thus far in the data. This
result can be useful in custom columns to detect incomplete data.
- Missing Bars over Period (Historical):
The time-based bars that are missing over a given period specified
below. This result can be useful in charts to detect incomplete
data.
- Missing Bars over Period (Scan):
The time-based bars that are missing over a recent period specified
below. This result can be useful in custom columns or scans to
detect incomplete data.
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RTL
Token . . . POS ( more
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The Position Indicator result can be accessed in the RTL
language with the token POS.
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Keyboard
Adjustment . . .(NA) |
| For more information on technical
indicator adjustment, click here. |
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User
Strategies . . . |
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| If you have a
strategy involving this indicator that you'd like to share, please
email support@linnsoft.com
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