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Tick diff between High-Low


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  #1 (permalink)
 
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 tickvix 
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I like to know if any of you have an indicator that would show diff in ticks from the high of the bar to the low of the bar. I do not know how to right this indicator so any help would be great.

TicVix/Gregory


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  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
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NinjaTrader has an indicator which plots the range of a bar. All you need to do is to divide the range by the TickSize. Have modified the Range() indicator to show range in ticks -> just needed to add half a line....


tickvix View Post
I like to know if any of you have an indicator that would show diff in ticks from the high of the bar to the low of the bar. I do not know how to right this indicator so any help would be great.

TicVix/Gregory


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  #4 (permalink)
 
tickvix's Avatar
 tickvix 
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Thank you for your reply. I'm looking for the same but on min chart. Say on 3 min chart high is 1100 and Low 1094 then indicator would post 6. Since I use 7 ticks stop that would make a good bar to enter, since my risk is low. On bear entry the same with low 1196 and high 1100 -6 would be still OK for what I like to do

Thank you for help
TickVix/Gregory


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  #5 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
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Did you try the indicator, or what exactly do you look for? You could add a horizontal line, or you could colour your bars if the range is below 6 ticks. Up to you...


tickvix View Post
Thank you for your reply. I'm looking for the same but on min chart. Say on 3 min chart high is 1100 and Low 1094 then indicator would post 6. Since I use 7 ticks stop that would make a good bar to enter, since my risk is low. On bear entry the same with low 1196 and high 1100 -6 would be still OK for what I like to do

Thank you for help
TickVix/Gregory


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Last Updated on June 29, 2010


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