Library "Last_Available_Bar_Info"
getLastBarTimeStamp()
getAvailableBars()
This simple library is built with an aim of getting the last available bar information for the chart. This returns a constant value that doesn't change on bar change.
For backtesting with accurate results on non standard charts, it will be helpful. (Especially if you are using non standard charts like Renko Chart).
Methods
getLastBarTimeStamp()
: Returns Timestamp of the last available bar (Constant)
getAvailableBars()
:Returns Number of Available Bars on the chart (Constant)
Example
import paragjyoti2012/Last_Available_Bar_Info/v1 as LastBarInfo
last_bar_timestamp=LastBarInfo.getLastBarTimeStamp()
no_of_bars=LastBarInfo.getAvailableBars()
If you are using Renko Charts, for backtesting, it's necesary to filter out the historical bars that are not of this timeframe.
In Renko charts, once the available bars of the current timeframe (based on your Tradingview active plan) are exhausted,
previous bars are filled in with historical bars of higher timeframe. Which is detrimental for backtesting, and it leads to unrealistic results.
To get the actual number of bars available of that timeframe, you should use this security function to get the timestamp for the last (real) bar available.
tf=timeframe.period
real_available_bars = request.security(syminfo.ticker, tf , LastBarInfo.getAvailableBars() , lookahead = barmerge.lookahead_off)
last_available_bar_timestamp = request.security(syminfo.ticker, tf , LastBarInfo.getLastBarTimeStamp() , lookahead = barmerge.lookahead_off)