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Re: [amibroker] does anyone know how to do range bar charting in AB?



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You need 4.97.0
 
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: jack
Sent: Wednesday, July 25, 2007 6:21 PM
Subject: [amibroker] does anyone know how to do range bar charting in AB?

The range bars just look price, the bar does not close at a specific time but closes when a range is complete, then a new bar opens.

 

If you have a market that moves from 1 to 9, then 9 to 1, then 1 to 9 during 2 days, if you create a range bar chart of $10 you will only have a bar that goes from 1 to 9 during these 2 days and this bars is not closed. If the market moves to 10 then the bar closes and a new bar opens with open price at 10. This new bar now must have $10 range to close. Letʼs say the market goes back to 6 and then up to 17, the last range bar closes at 16 (making a range bar from 6 to 16) a new bar opens with open price at 16 and this bars price is now 17. This new bar has now a range of $1 (16 to 17) and will wait until a complete $10 range to close.

 

does anyone know how to do range bar charting in AB?

 

thanks

 



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