1-tick Range bars

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Updated April 27, 2020

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1-tick Range bars

April 27th, 2020, 04:49 AM	#1 (permalink)
lastforsite Nizhny Tagil Russia Posts: 5 since Apr 2020 Thanks Given: 1 Thanks Received: 1	Hello there, please help me. Why are there shadows in range a chart's bars with the price range in 1 tick? As I guess there shouldn't be any shadows in bars with 1 tick setting. Thank you.

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April 27th, 2020, 05:26 AM	#2 (permalink)
Scalpingtrader Hanover, Germany Legendary Amateur Trader Experience: Beginner Platform: NinjaTrader Trading: ES Posts: 1,941 since Apr 2014 Thanks Given: 3,144 Thanks Received: 5,148	there is no true 1 tick range bar, as price needs to move 1 tick to fill the body and then 1 more tick to create a new bar. That new bar has an artificial opening price that matches the last close but does not mirror what actually happened. But you can probably just change the candle type to something else like HiLo or sth (dunno, I am not on TOS) to make it look "prettier."

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April 27th, 2020, 06:32 AM

#3 (permalink)

lastforsite

Nizhny Tagil Russia

Posts: 5 since Apr 2020

Thanks Given: 1

Thanks Received: 1

Scalpingtrader

there is no true 1 tick range bar, as price needs to move 1 tick to fill the body and then 1 more tick to create a new bar. That new bar has an artificial opening price that matches the last close but does not mirror what actually happened. But you can probably just change the candle type to something else like HiLo or sth (dunno, I am not on TOS) to make it look "prettier."

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