If I open a 10 minute chart for a script at 915 am and apply an EA with EMA 50, will the EA wait for 50 10 minute candles to go by for the day before generating an alert?

Algos, strategies, code
1

Hi

I have written a few strategies on PI and have backtested them. The strategies involved EMA 10, EMA 30 and EMA 50 in one way or other. I have copied them to EA and have applied them on charts too. All went well. My question is this:

If I open a 10 minute chart for a script at 915 am and apply an EA with EMA 50, will the EA wait for 50 10 minute candles to go by for the day before generating an alert or is the EA applied on running candles no matter the day? IOW, will my EA start generating alerts (if they are applicable) from the first candle of the day itself or will it wait for sometime for some kind of validation?
A reply is greatly appreciated.
Thanks

2

Hello Trader,

EMA’s calculated on running candles no matter the day.

Alerts generated on the same above concept.

3

Hi, I got a different response from Mr.Kamath. According to him only candles in the chart will be evaluated. Can some one check and let me know please

4

Thanks a Big Bunch…