Gap down not recognized

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10/07/2020 at 8:13 PM #146693 quote

AutoStrategist
Participant

Veteran

There was a gap down on the Dax 5 minute DFB chart yesterday (2/10) after the first 5 minute bar but the software doesn’t appear to be able to see it. The first bar closed at 12885.9 and the second opened at 12871.0 for a gap of 14.9 but output of graph close[1] – open shows no gap, see attachments.

Can anyone explain this?

Gap-down-1.jpg Gap-down-2.jpg Gap-down-3.jpg

10/08/2020 at 7:53 AM #146705 quote

Nicolas
Keymaster

Master

Sorry but yesterday the 02/10? Are you sure? Could you post a complete screenshot of your chart including the instrument name, date and price please?

Are you using custom trading hours somehow?

10/08/2020 at 9:12 AM #146708 quote

Zigo
Participant

Master

The is already closed with te candle of 5:30 pm.

The Gap was at 1:05 pm

DAX-5-minutenGap.png

10/08/2020 at 9:15 AM #146711 quote

Zigo
Participant

Master

Must be:

The gap is already closed, with the candle of 5:30PM

10/08/2020 at 9:34 AM #146718 quote

AutoStrategist
Participant

Veteran

@Nicholas, yes sorry should have been 6/10, all the other info is correct, see attached

Gap-down-4.jpg

10/08/2020 at 9:39 AM #146720 quote

Nicolas
Keymaster

Master

All seem correct to me? Are you sure about your formula? (see attached picture).

dax-gap-fill.png

10/08/2020 at 10:26 AM #146733 quote
AutoStrategist
Participant

Veteran
I tried that as an indictor and it works for me too but it doesn’t appear to pick up the gap as a graph instruction from a simple test system, see attached
```
c1 = 0
c2 = 0

IF NOT LongOnMarket AND c1 THEN
BUY 1 CONTRACTS AT MARKET
ENDIF

If LongOnMarket AND c2 THEN
SELL AT MARKET
ENDIF

graph close[1] - open
```
Gap-down-5.jpg
10/08/2020 at 1:08 PM #146741 quote
Nicolas
Keymaster

Master
Try:
```
graph close[1]
graph open
```
to check their values.
10/08/2020 at 2:27 PM #146755 quote

AutoStrategist
Participant

Veteran

@Nicholas. Thanks for the suggestion, now we can see the problem more clearly, see attached.

Gap-down-6.jpg

10/08/2020 at 4:33 PM #146772 quote

Nicolas
Keymaster

Master

You are right, I don’t know what’s happening here. Please open a new technical report ticket and refer this topic in your message. I will do the same.

10/08/2020 at 6:06 PM #146781 quote

AutoStrategist
Participant

Veteran

@Nicholas, ok will do
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