Support Board
Date/Time: Fri, 31 Jan 2025 03:12:26 +0000
Post From: Measure the average size of a bar for a time period
[2019-04-03 16:07:09] |
User13668 - Posts: 294 |
Keep what you have done with the 60 minute chart with the session time for the hour stated. But then apply the Bar Difference study to the Main Price graph and plot it in Region 2. This will give you the Range of each 60 minute bar. Then apply a SMA (12) to Region 2 (Bar Difference). You will now have the average range for that one hour back for 12 days. You will need to load about 25 days of data to have a true average for each of the days back for 12 days as otherwise loading only 12 days of data will give you an accurate average only for the current days SMA (12). |