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Strategies & Market Trends : trading the QQQ
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To: bernard rogers who wrote (362)2/14/2002 5:39:44 PM
From: hypostomus  Read Replies (1) of 714
 
Sorry, I'm not communicating well. My question is, do you actually draw a 1ma in one minute bars? If you do, then typically in most software you have to select as the parameter to base the ma on either the close (the last price), the average of the open/high/low/close (OHLC) or the average of the HLC. Bar is the old fashioned name for the figure used to represent the price variation in the smallest time increment, be it one day or one minute. You might think of it as an individual candlestick. Goes back to the days when most folks charted with a vertical line and two short horizontal lines rather than candlesticks.
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