Hi codersguru,

It is quite nice of you to put an effort and write all the lessons for all those who need extra the push to move forward. Here is my feedback on the subject of bars.

Following your explanation about the bars in ‘Bars.pdf’, I have checked time of many consecutive bars on M1 USDCAD chart. So far I was under the impression, that no matter what market is doing, I am going to see a bar every minute interval. I was expecting to see few consecutive bars with Open=High=Low=Close (taken from previous minute Close) and Vol=0 during slow (no ticks) market.

I was surprised that, bars are not evenly spaced in one minute intervals. It looks like the time difference between two consecutive bars is random and always longer than one minute.

I went through all the buttons in the application (MetaTrader) looking for some settings relevant to this phenomenon. I did not find anything that can influence time between the bars other than ‘Periodicity’ settings. Given the above, I wonder how one can evaluate charts where time scale in randomized.

Can you, please, comment on this phenomenon?

FX4EVER