Equalize sessions charts adjust the values of all the previous sessions to reflect the opening of the current session. For example, if the opening for the current bar is up ½ from the close of the previous bar, then all the values for the previous bar are adjusted up ½. Likewise, this adjustment will reverberate back to all the previous bars, which are adjusted upward by ½.
These charts can help traders find events with large gaps between the last day closing price and the opening price, as in this example:
Equalize Sessions Parameters
|
Parameter |
Description |
|
Color |
Select color of bar. |
|
Weight |
Select thickness of bar. |
|
MarkIt |
Opens the Specify Conditions for Marking Bar window. |
|
Display |
Choose line type: bar or line. |