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Date/Time: Sat, 23 Nov 2024 07:21:16 +0000



Post From: Flex Renko High and Low

[2013-06-13 05:01:36]
rwilliams1 - Posts: 346
Yes, but when I do a simple test using a 1 period moving average based on the highs, I end up getting a moving average which does not relate to the highs of each bar (see attachment). This is the core of the problem. In the attached screenshot you will see that the moving average high of each bar is not located on the high of each bar (red down bars). With a 1 period moving average, the moving average should always rest on the very top of each bar high and it does not. This is showing that somehow the highs and lows of each bar of the Flex Renko is not being recognized correctly. This is the the heart of the problem. There is something wrong with the high/low data.
Date Time Of Last Edit: 2013-06-13 05:23:22
attachmentFlex Renko 1 Period Moving Average based on High.bmp - Attached On 2013-06-13 04:56:24 UTC - Size: 925.83 KB - 1111 views