Writing Price Direction Change Times to a Binary File

Summary

The script retrieves closing prices and bar times for a chosen symbol and timeframe over a specified date range. It compares each close with the next bar's close and tracks whether the direction has changed from rising to falling or vice versa. At each detected change, it converts that bar's time to text and writes the character count and characters to a binary file using integer writes.

This is an example of exporting timestamps for changes in close-to-close direction, with inputs for the market, timeframe, starting date, output file, and folder. The document describes data copying, file opening, error reporting, and closing the file. It does not write the price values or direction flags themselves, and it offers no trading rules, validation, or market-performance results. The sample is therefore a data-handling demonstration rather than a tested trading strategy.

Key ideas

• The script retrieves bar closing prices and timestamps for a selected symbol and timeframe.
• It detects direction changes by comparing consecutive closing prices.
• At each direction change, it writes the corresponding timestamp characters to a binary file.
• The example demonstrates data export and file handling, not a complete trading strategy.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.