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Price at a specific Intraday Time

by Caleb, 5104 days ago
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The Price at a specific Intraday Time item is a function that works with intraday data and that returns the price, open, high, low, volume or any technical indicator value of a security/stock at a specific time during a trading day. The indicator gets a time-series, an hour and a minute value; it then looks for the bar that starts at the specific hour/minute and returns the value of the specified time-series at that bar.
During a trading day, the indicator will return the value at the specified bar (X) for all bars that occurred after X. For bars that occurred before X, the indicator returns NaN (Not a number) value.

The indicator name is "YTimeClose". To obtain the open price for the 10:30 bar, you can type the following formula: YTimeClose(open, 10, 30);
Using intraday data and an hourly time-frame, the 9:30 bar will get NaN, while the other bars (starting from the 10:30 bar - X) will get the open value of bar X.

Another very interesting example is to get the difference between the intraday day's open and the open of the next bar (10:30 bar). To do so, you need to subtract the 9:30 bar value from the 10:30 bar value. The formula is:
time_dif = YTimeClose(open, 10, 30) - YTimeClose(open, 9, 30);

If the result is positive then this means that the stock or security increased during the first trading hour. The result is negative if the stock decreased during the first trading hour.

For a percentage change in the first intraday hour, simply divide the 10:30 bar by the 9:30 bar.
time_per = ((YTimeClose(open, 10, 30) / YTimeClose(open, 9, 30)) - 1) * 100;


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Type: Trading Indicator

Object ID: 829


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