Wide/Narrow Spread

[Apprentice]

Bar is Wide / Narrow if it's longest / shortest, measured from High to Low for the observed period.

WideNarrowSpread.lua

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The indicator was revised and updated

[Jeffreyvnlk]

WideNarrowSpread.png

Bar is Wide / Narrow if it's longest / shortest, measured from High to Low for the observed period.

WideNarrowSpread.lua

Fantastic, hope you can do more like 2NR, 3NR according to Toby Crabel

[Apprentice]

Can you provide a web reference.
Explain what 2NR, 3NR is.

[Jeffreyvnlk]

Can you provide a web reference.
Explain what 2NR, 3NR is.

According to Toby Crabel:
2NR is the narrowest range from high to low of any 2-day period relative to any 2-day period within previous 20 days
3NR is the narrowest range from high to low of any 3-day period relative to any 3-day period within previous 20 days
4NR is the narrowest range from high to low of any 4-day period relative to any 4-day period within previous 40 days
8NR is the narrowest range from high to low of any 8-day period relative to any 8-day period within previous 40 days

Thanks

[Apprentice]

Can you provide code or web reference.
I'm not sure, Will this indicator re-paint retroactively.
Or is it only calculated for the current candle.

[Apprentice]

Try this version.
viewtopic.php?f=17&t=61080

[Jeffreyvnlk]

Try this version.
viewtopic.php?f=17&t=61080

Great, thank you

[Alexander.Gettinger]

MQL4 version of Wide/Narrow spread indicator: viewtopic.php?f=38&t=62168.

[Apprentice]

The indicator was revised and updated.