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Is there an Indicator for length of time for a bar to form in renko?
I 'm using unirenko bars and when I get overbought or oversold according to RSI, the reversal bar generally takes a long time to form and Identifies tops and bottoms pretty well. Even before it completely forms.
Is there an indicator that shows length of time to form a bar in histogram form?
Can you help answer these questions from other members on NexusFi?
Simply totals the seconds required to draw a bar. Designed to be used with non-time based bars. Includes 2 horizontal reference lines, for example can have the 1st line represent 60 seconds (1 minute) and 2nd line set to 180 seconds (3 minute). Bars change …
I think what the OP is after is the duration a particular bar takes to close. Presumably this applies to the current bar.
So to clarify, rather than saying something like "2 mins left for the bar to complete" (which you couldn't do as you rightly pointed out) it would say "bar open for 2 mins".
