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Date/Time: Mon, 12 May 2025 00:36:29 +0000



Post From: Weekday vs. Weekend Behavior for Initial Balance Study

[2016-01-25 15:37:26]
drywater0 - Posts: 85
SC Support,

I have applied the Initial Balance study to a 5min candlestick chart using the following settings to capture the overnight range and corresponding IB extensions for ES.
Initial Balance Type: Daily
Start Time: 18:00:00
End Time: 09:29:59
Number of Days to Calculate: 10

The indicator works great on Tue, Wed, Thr, Fri both in real-time on those weekdays and historically when scrolling back through those days. However, it doesn't produce any lines on my chart on Mondays. If I change the start time to 18:00:01, it works on Mondays but begins marking the overnight high / low from the 5m bar with timestamp 18:05 from Sunday evening.

Am I missing something in terms of understanding bar timestamps or the indicator? I naturally believe that it should work the same on Mondays as other weekdays given that there is a bar with timestamp 18:00:00 available on Sunday evening.

Many thanks in advance for your help.