Re: Candle Range
Posted: Wed Jan 18, 2017 4:25 am
Hi Apprentice,
As per your quire regarding my request under ID Number 3707, this is the rolling candle range of last N periods starting from current period. Suppose I selected N=5 and Average period is 10 this mean I want the indicator to consider 5 days range as one candle and then taking the rolling back average of last 10 candles of which each candle assume to have range equal to rolling back 5 days. Basically N is consolidating range of defined number of candles. Hope you understand if not kindly ask. Kindly also convert this indicator to MT4 as well.
Regards
As per your quire regarding my request under ID Number 3707, this is the rolling candle range of last N periods starting from current period. Suppose I selected N=5 and Average period is 10 this mean I want the indicator to consider 5 days range as one candle and then taking the rolling back average of last 10 candles of which each candle assume to have range equal to rolling back 5 days. Basically N is consolidating range of defined number of candles. Hope you understand if not kindly ask. Kindly also convert this indicator to MT4 as well.
Regards