Candlesticks Condensed

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Candlesticks Condensed

Postby Apprentice » Sun Mar 15, 2015 4:47 am

Candlesticks Condensed.png

In February 2015 issue of S&C magazine David Cline author of “Candlesticks Condensed” describes a process for condensing every candle on a chart into three numbers: HO (high-open), HC (high-close) and OL (open-low). Each number is a fraction of the average daily range. The three numbers together (HO:HC:OL) make up the bar’s signature.
Candlesticks Condensed.lua
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Re: Candlesticks Condensed

Postby paololuigi » Thu Apr 02, 2015 1:55 am

Hi Apprentice, but why the figure show only two of the three symbol (HO, HL) you've described?
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Re: Candlesticks Condensed

Postby Apprentice » Fri Apr 03, 2015 6:03 am

In my testing all three values are shown.
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Re: Candlesticks Condensed

Postby paololuigi » Wed Apr 08, 2015 4:31 pm

in the last raw of code you've repeat HC label two times:

... local Label= string.format("HO:%i\n HC:%i\n HC:%i\n" , HO, HC, OL); ...

in your picture attached you can see it
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Re: Candlesticks Condensed

Postby Apprentice » Mon Oct 29, 2018 7:26 am

The indicator was revised and updated.
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