fxcodebase-backup
Range Bar
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1338
Forum: 17 · Topic 1338 · 5 post(s)
Range Bar
Apprentice · Tue Jun 15, 2010 3:50 am
Range Bar
Period Range is difference between the period maximum and minimum.
Generates a signal when Up or Down bar appear.
Up Bar Open[period] < 1/3 of Periods Range Close[period] > 2/3 of Periods Range
Down Bar Open[period] > 2/3 of Periods Range Close[period] < 1/3 of Periods Range
I made two versions an oscillator and an indicator.
The indicator was revised and updated
Re: Range Bar
Apprentice · Tue Jun 15, 2010 4:44 am
Advanced Range Bar If the Period Range is set to 1, behaves as a standard Range Bar.
If Not. Range for a certain time frame, is calculated as the difference between the maximum and minimum for the Time frame.
Re: Range Bar
Apprentice · Mon Feb 05, 2018 6:42 am
The Indicator was revised and updated.
Re: Range Bar
hadenfx · Sun Feb 25, 2018 9:06 pm
Hi Apprentice, I couldn’t see your latest file since you’ve mentioned “the indicator is revised and updated”. you’ve mentioned if i changed the perriod =’1’, it will behave a range bar. does this refer to range bar by tick?
thanks for your help.
Re: Range Bar
Apprentice · Mon Feb 26, 2018 4:48 pm
I couldn’t see your latest file since you’ve mentioned “the indicator is revised and updated”.
All old post files are updated. Have NOT post any new file.
you’ve mentioned if i changed the perriod =’1’, it will behave a range bar. does this refer to range bar by tick?
Timeframe reverses to how many candles will be used in the calculation. 1 - Only current candle 2 - the last two candles and so on