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Hello to all forum members... carefully follow your comments.
Is my first post, and I would ask if anyone has or knows how to have a plot of range that are separated by the minute.
For example, if there are two candles in the minute range only one plot.
Thanks
Sorry for my bad English
Can you help answer these questions from other members on NexusFi?
Range bars take only price into consideration; therefore, each bar represents a specified movement of price. On the other side viewing bar charts based on time will always print the same number of bars during each trading session, regardless of volatility, volume or any other factor. Range Bars can have any number of bars printing during a trading session: during times of higher volatility, more bars will print; conversely, during periods of lower volatility, fewer bars will print. The number of range bars created during a trading session will also depend on the instrument being charted and the specified price movement of the range bar.
Three rules of range bars:
Each range bar must have a high/low range that equals the specified range.
Each range bar must open outside the high/low range of the previous bar.
Each range bar must close at either its high or its low.
Courtesy of Investopedia
Based on the above principles, as shown in pic attached, it is not possibile and helpful to overlay Range and Minutes bars
This would not normally be possible. To do what you ask is to make Range bars into non Range bars. A Range bar has a range of movement which would be violated by your rules.
Definitely. Sounds more like a strategy in the plan stage than a outline of a bar type.
TJ
Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
Dan, you are perceptive, actually belongs to a strategy (in this case and built), but it is uncomfortable .. counting candles when more than 2 ..in a minute.
Perhaps the only possibility is a clock that I put a dot in every minute finish, but I have not been found.
I know this isnt a complete solution, but I do have a selfmade (ie nothing fancy) bar counter indicator that counts bars inside a different time frame. I think you want to add a filter to do it within 1 minute on the main chart?
Jon
Writing to you from the wonderful province of Ontario, Canada. Home to the world's biggest natural negative ion generator, the Niagara Falls, and to those that dare to know how to go over it in a barrel. SALUTE!
