Converting Live Minute Data into Custom-Interval Second Bars
Summary
The document describes an indicator that converts live minute-bar data into bars with a user-selected number of seconds per interval. Its stated approach uses OHLC rate data, so the conversion is presented as possible even when individual ticks are unavailable. It also describes support for symbols across crypto futures, gold, and forex, plus options to remove symbols and rates.
The document gives no construction details, timing methodology, validation results, or comparison with tick-derived bars. It therefore offers a high-level description of a charting utility rather than an explanation of how to build or evaluate a second-bar series. Traders using these bars should not assume they reproduce tick-level price paths or intrabar ordering; the source does not explain how prices are assigned within each shorter interval. The claims about speed, reliability, and platform support are not accompanied by evidence.
Key ideas
- The indicator converts live minute-bar OHLC data into user-selected second intervals.
- It is described as usable when tick data is unavailable.
- The document claims support for crypto futures, gold, and forex symbols.
- It does not explain how the shorter bars are constructed or validated.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.