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Range bar indicator


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Range bar indicator

  #1 (permalink)
 scg427 
Taipei, Taiwan
 
Experience: Intermediate
Platform: NT, TS
Trading: TF
Posts: 8 since Jan 2012
Thanks Given: 2
Thanks Received: 2

I am looking for an indicator or code for TradeStation or Multicharts that can plot the possible high and low for the current range bar (in Tradestation it is called momentum bar).
Wonder if anyone could help.

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  #3 (permalink)
 
Patrick S's Avatar
 Patrick S 
Raleigh NC
 
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I can offer you an indicator for NT..
I know that does not help you but maybe it will help someone else looking for the same thing in Ninja format

Attached Files
Elite Membership required to download: jtRangeMarker7.cs
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  #4 (permalink)
 
cbritton's Avatar
 cbritton 
Atlanta, Georgia
 
Experience: Intermediate
Platform: NT
Broker: DDT
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How about this:

 
Code
{ plot the projected high and low for a range bar }

Vars: 

      BAplotLoop(maxbarsforward),
      k(0),
      
      projHigh(0),
      projLow(0);
      
if bartype = 12 then begin // plot only if this is a range bar
	If LastBarOnChart then begin
		projHigh = low + (h[1]-l[1]);
		projLow = high - (h[1]-l[1]);
	
		for k = 0 to BAplotLoop begin
		  	Plot1[-k](projHigh, "High");
      		Plot2[-k](projLow, "Low");
		end;
		noplot(1);
   		noplot(2);
	end;
end;

Regards,
-C

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
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  #5 (permalink)
 scg427 
Taipei, Taiwan
 
Experience: Intermediate
Platform: NT, TS
Trading: TF
Posts: 8 since Jan 2012
Thanks Given: 2
Thanks Received: 2

Thanks a lot, for your code. This has partially addressed to my question. As the price moving within the current bar (range), I would expect the possible high close and low close will change at the same time, before the current bar close. Could you help to let me know how to modify your code for it?

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  #6 (permalink)
Bimi
London
 
Posts: 118 since Mar 2010
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search for "scalper's high low" by TUMS

or

Scalper's HL Bracket by TAMS

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  #7 (permalink)
 scg427 
Taipei, Taiwan
 
Experience: Intermediate
Platform: NT, TS
Trading: TF
Posts: 8 since Jan 2012
Thanks Given: 2
Thanks Received: 2

Sorry, I was wrong. The high low lines do change during the current bar when price moves.
Thanks again.

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Last Updated on September 28, 2012


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