RangeDisparityMeter Indicator for NT8

(login for full post details)

I've posted a new indicator named 'RangeDisparityMeter', it is a companion to the 'VOLCumulativeDisparityMeter'.

The indicator continuously tracks the development of the trading session's price range as it unfolds and compares it to the historical averages.

Just as the 'VOLCumulativeDisparityMeter', you can reset the range meter at various intraday intervals.

I have opened this thread to discuss or report any misbehaviors.

Download link:

Download: RangeDisparityMeter

The RangeDisparityMeter Indicator is a powerful tool designed to provide real-time insights into the price movement within a trading session. This indicator offers traders a dynamic view of the current session's price range and compares it to historical …

trendisyourfriend

(login for full post details)

This looks really great! I was wondering, if I'm in the pacific time zone and trade the 1 or 2 minute charts, is there a recommendation of the parameters I would set to have the indicator to start calculating at the best/appropriate times during the NY session?

(login for full post details)

Hi TiYFriend,
is there a way to send the right values to a strat witch is calculated on each tick?
I created an Int-public series Trend in your IndCode, the (Chart) IndicatorPrint is OK, BUT:
In the strat, the barsago 1 or 0 - values are always 0, even on BIP0 && IsFirstTickOfBar - any help !?

THX,

FRiii

(login for full post details)

this is awesome and useful, one feature when if you have the time just add a little display on the chart to show % of the range so far which would be a simple division between current range and avg (this would be one way to save real estate)

RangeDisparityMeter Indicator for NT8

Discussion in Platforms and Indicators

RangeDisparityMeter Indicator for NT8