Hello Elite Trader community, What is the most popular time to have a MACD indicator BEGIN calculating 30 second ES (Emini S&P 500) bars? At the 6pm (EST) opening of each daily session? At the 6pm (EST) Sunday opening of each weekly session? At the first opening session that the contract became the front month? I ask because the MACD value for 30 second bars varies significantly based on the time I begin running the MACD. For instance, the MACD value of a 30 second bar closing on Wed at 8pm (EST) will be different if the MACD began calculating on Wed 6pm (EST) vs if the MACD began calculating on Sunday 6pm (EST). Thanks! P.S. Same question regarding running other popular indicators (such as Bollinger Bands) on 30 second ES bars.
Uhm... I think you're mixing up a few things. The MACD value will still be the same if say you use 12,26 and 9 and start 100 periods back, or 50... because the value now is based on the past 12,26 and 9 periods... The value will change when you're using different periods to calculate the averages... since the input for the final value will be different. What inputs are you using? Are you sure you're not accidentally changing the bars/period?