Comment on Quant - Flashback

GILARI commented on 10 Nov 2015, 12:57 PM

But one serious problem escaped from your attention.I shall explain same.Suppose Nifty fut is trading at 8000 now and I am using range bar of 2.
In next minute nifty rise 10 point up and crash back to 8000 in same minute
If tick wih stamp of second is used 5 new bricks will be created upward and another 5 down word bricks will be created. giving me a chance to go long at 8002 and to be stopped out at 8008.
If tick with one minuet stamp is used ,no bricks is created as nifty closed in 8000 in that minute. stealing away benefit of of renko and range bars.

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