Definition

If true, OnBarUpdate() is called on the close of each bar otherwise it is called on each incoming tick. This property should ONLY be set in an Initialize() method and be the last statement within that method.

• When indicators or strategies are running on historical data, OnBarUpdate() is only called on the close of each historical bar even if this property is set to false. This is due to the fact that with a historical data set, only the OHLCVT of the bar is known and not each tick that made up the bar.
• The CalculateOnBarClose property of indicators embedded within a strategy are overriden by the CalculateOnBarClose property of the strategy

Property Value

This property returns true if the value is calculated on the close of each bar; otherwise, false. Default set to false.

Syntax

CalculateOnBarClose

Property Of

Custom Indicator, Custom Strategy

Examples

Tips
1. Calculating indicators or systems for each incoming tick can be CPU intensive. Only calculate indicators on each incoming tick if you have a requirement to calculate it intra bar.