Questions about building futures strategies
6 replies
DeepL
3 years ago #259484
I have downloaded the ES data(E-mini S&P 500 futures ) from the SQ Futures Data. Am I need to setup the session before I use to build the strategies? If it is needed, what is the setting?
DeepL
3 years ago #259485
tomas262
3 years ago #259502
Hello,
the session can be set for your futures trading to respect US stock market trading hours. Nowadays ES trades 23 hour a day while respecting Asia session, EU session situation and other economical news when the US stock market is closed so there are opportunities and there are days in these days when most of the index futures market move happens during EU morning.
You can surely trade with or without using session whatever works better for you
If the session is used it can be set like 8.30 – 15.00 each day (exchange time) otherwise market trades from 17:00 previous day to 16:00 next day (no session)
NOTE: if you set session times then only data from between those times are used to build strategies
DeepL
3 years ago #259505
Will it affect the formation of candlesticks, make it different from Multicharts?
tomas262
3 years ago #259506
Yes, when session is set to 8.30 – 15.00 you see only candles from between those times in both SQX and MultiCharts … its made to be the same in both platforms
DeepL
3 years ago #259510
Ok, thank you very much
Daniel
3 years ago #266816
otherwise market trades from 17:00 previous day to 16:00 next day (no session)
It means that if I do not set sessions then strategyquant will never open a new trade between 16:00 and 17:00?
DP
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