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Range bar indicator
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Range bar indicator

  #1 (permalink)
Elite Member
Taipei, Taiwan
 
Futures Experience: Intermediate
Platform: NT, TS
Favorite Futures: TF
 
Posts: 8 since Jan 2012
Thanks: 2 given, 2 received

Range bar indicator

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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  #2 (permalink)
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  #3 (permalink)
Elite Member
Raleigh NC
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus/ZenFire
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Patrick S's Avatar
 
Posts: 628 since May 2012
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Range Marker


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
Register to download File Type: cs jtRangeMarker7.cs (12.5 KB, 82 views)
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  #4 (permalink)
Elite Member
Atlanta, Georgia
 
Futures Experience: Intermediate
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Broker/Data: DDT
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cbritton's Avatar
 
Posts: 224 since Mar 2010
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Answer
This post has been selected as an answer to the original posters question Answer

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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Range bar indicator-tradestation-11.png  
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  #5 (permalink)
Elite Member
Taipei, Taiwan
 
Futures Experience: Intermediate
Platform: NT, TS
Favorite Futures: TF
 
Posts: 8 since Jan 2012
Thanks: 2 given, 2 received

Range Bar

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)
Trading for Fun
London
 
Futures Experience: None
Platform: mc, TS, ninja
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Bimi's Avatar
 
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)
Elite Member
Taipei, Taiwan
 
Futures Experience: Intermediate
Platform: NT, TS
Favorite Futures: TF
 
Posts: 8 since Jan 2012
Thanks: 2 given, 2 received

Range Bar

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

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