Support Board
Date/Time: Wed, 27 Nov 2024 10:38:18 +0000
Post From: Range Calculation for Bars
| [2023-09-10 03:14:08] |
| n8trading - Posts: 36 |
|
I want to take this to the next level. Instead of only calculating the average price range per bar, is it possible to calculate the average price range per bar cumulatively from X time. For example on a 5 minute chart, if the bar at 9:30 is 50 points, the APR would be 50. If the 9:35am bar is 20 points, the APR will now be 35. If the next bar is 10, the APR will now be 26.6, etc. The idea here is to be able to keep an eye on how volatile the market is and how much price movement there is to potentially be able to capture/profit on. If APR drops too low, you may decide it's not worth trading anymore. |