EMA calculation for Live trading hours only

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  • #194905 Report
    hdb

    IM from South Africa. Im having problems with my emas. It seems pro real trader uses 24 hour price calculations for the emas. I need emas from 8.30 to 5.30 market live hours only. I did go into settings and chamge the mrket times etc but emas havent changed.  Am i doing anythng wrong or proreal trader cannt do thsi function. Emas showng exactly like IG 24 hour trading. Over longer periods like 200ema , it creates a substantial difference.

    #194914 Report
    #195641 Report
    hdb

    Thanks for he reply.
    On further investigation i have come to the conclusion that Proreal Time prices used in their emas and other indicators cannot be relied upon for the South African markets.
    Even after adjusting for the use prices only during live opening and closing hours which proreal time calculations do not use , last week was a public holiday in Sa and all prices were used on that day for the Proreal Time indicators which was confirmed by themselves as the settings does not allow to ignore for any holidays.

    End of day the indicators are so different to example trading view or investing.com…

    Means it is unreliable software which does not meet my requirements!!!!!!!!!!!!!

    #195694 Report

    Even after adjusting for the use prices only during live opening and closing hours which proreal time calculations do not use , last week was a public holiday in Sa and all prices were used on that day for the Proreal Time indicators which was confirmed by themselves as the settings does not allow to ignore for any holidays.

    Hello hdb,

    And who would be “themselves”, may I ask ?
    I think your problem is different;

    If you use IG for broker (we all do with ProRealTime AutoTrading), then chances are more than fair that you use an instrument which forms his own trades and prices during officially closed hours.
    Below you see the example of yesterday’s Nasdaq. I assume you know that this official Future closed at 7pm Brussel’s time because of a Holiday in the US yesterday. But look below … it just continues. And thus the EMA and whatnot also does.
    Btw, you can see by the price changes that the volume is now very low, because it is only IG customers forming the price. This included me. 🙂

    Dus ik denk dat u met de verkeerde broker werkt. 😉 But others are not possible with ProRealTime, unless it is not about AutoTrading. Then you can use IB (Interactive Brokers). They don’t do this. N.b.: Sooner or later IB will be allowed to work with AutoTrading too.

    Maybe others know whether IG also provides “normal” Opening Hours instrument versions ? For me it is annoying that IG has an own life which is not official, while my Strategies have to deal with it (including the different (huge) spread.

    Regards,
    Peter

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    #199066 Report

    If you use IG for broker (we all do with ProRealTime AutoTrading), then chances are more than fair that you use an instrument which forms his own trades and prices during officially closed hours.

    Hi both of you, definitely an issue, i’m trying to solve now for each indicator on another post, ive coded for MA’s, OBV, ADX, MACD/EMA’s (stuck at a issue with those now i think > thus why im searching past posts like this to see any soltuons); could definitely welcome any input/help, i’m a novice:
    https://www.prorealcode.com/topic/indicators-use-24hrs-and-not-just-trade-hrs-bars-how-fix-these-wrong-signals/page/2/

    It’s even more complex for us out this part of the world, as our markets have lunch-breaks (1 to 1.5 hours) in the middle of the day when Asian markets closed yet the IG chart keeps forming its own price. Then our “local market time zones” are set to London/Europe, which we couldn’t even realistically use because at some periods in the year (when UK moves out of daylight savings, and AUS moves into daylight savings) our market opening times crosses over the midnight time, not to mention the complexity of needing to code in all our strategies for the daylight savings time switch.

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