Re: [amibroker] How to make Range Bars

[Gordon Pelletier <gordonpelletier@xxxxxxxxx>]

Damn good question. No mention of this in Bandy's Intro to AB. But apparently it is allowed in AmiBroker 4.97.0 Beta.

 

Regards

2009/12/20 Neil Wrightson <neilw@xxxxxxxxxx>

 

Hi,

 

I was watching a web presentation the other day and the speaker mentioned using range bars. These are apparently available in TradeStation.

If the setting is set for 4 points, than whilst ever the data is within a four point range it will stay on the same bar.

I.e. if the market is bouncing between 4000..4004 then a new bar will not be generated, no matter how much time has passed.

When the price moves to 4004.5, a new bar will be started and whilst the price stays within 4 points of 4004.5 it will stay on this bar.

This also means that every bar is 4 points in height.

 

So there is my question.

How do I make range bars in Amibroker?

 

Regards,

Neil Wrightson.

-- 
Gordon Pelletier
24 Diamond Rd
Pearl Beach NSW 2256

email  GordonPelletier@xxxxxxxxx

(02) 43424164

0407990787

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