Hourly and Minutely Equivalent of Daily Data for Indicators by Amine Kouta

Amine Kouta

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Hi all,

This might be a trivial question but I didn't find much info on it. I was wondering if someone could help with this,

Let's say I want to find the max of 8 days in minutely or hourly resolution using the MAX indicator.

I know that for a daily resolution:

daily = self.MAX(symbol, 8, Resolution.Daily)

What happens for hourly? Is it 24 hours for one day? Like this: Hourly = self.MAX(symbol, 8*24 , Resolution.Hour)

which would render, minutely = self.MAX(symbol, 8*24*60 , Resolution.Hour) ?

The reason for that is that I want the indicator to capture the most recent surge or drop in stock as well. Correct me if I am wrong, but using a daily resolution does not seem to account for today's changes.

Thanks,

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Amine Kouta

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Rahul Chowdhury

STAFF ,

Hey Amine,

Indicators are only updated with data during market open hours, unless you specify the algorithm to use extended hours data. This means there are 6.5 hours of trading per day or 390 minutes of trading per day.

To get the maximum of the past 8 days of hour resolution data, you should round up and use 7 hours per day across 8 days.

Hourly = self.Max(symbol, 7 * 8, Resolution.Hour)

For the maximum of the past 8 days of minute resolution data, there are 390 minutes per day across 8 days.

Minutely = self.Max(symbol, 390 * 8, Resolution.Minute)

Amine Kouta

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