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Good Question. The price ticks per bar remains the same. The only change is Open[0]. It is set to equal Close[1] instead of Close[0] at First tick of bar.
I believe I understand what you are saying, but if standard NT range bar open 1 tick above/below the prior bar, and your no gap bars open at the close of the prior bar, there is a 1 tick difference in price movement.
ES Example:
Standard NT 4 range bar1: up close 940.00; bar2 opens at 940.25 and if it goes straight up, closes at 941.25; bar3 opens at 941.50 and if it goes straight up, closes at 941.75
No Gap 4 range bar1: up close 940.00; bar2 opens at 940.00 and if it goes straight up, closes at 941.00; bar3 opens at 941.00 and if it goes straight up, closes at 942.00
Standard NT 3 range bar1: up close 940.00; bar2 opens at 940.25 and if it goes straight up, closes at 941.00; bar3 opens at 940.25 and if it goes straight up, closes at 942.00
So it seems to me that No Gap 4 range bar = Standard NT 3 range bar for price action.
If you tell me what folder I should put the CS file in, I can manually do that. I just don't know where to put it. I don't think it goes in the indicator folder.
I like this modification by a significant degree -- and it also seems to me that moving averages tend to be "cleaner" on these charts -- although I may be imagining that, and it only looks & feels cleaner. However, the look and feel of charts does matter; most "real" traders are finicky & particular about how they want their charts -- I'm no exception to that, by the way; I love a nice clean chart. In any case, I like this a bunch, and I thank you for sharing it.