Support Board
Date/Time: Wed, 25 Dec 2024 19:18:12 +0000
Average Bar Time Study
View Count: 983
| [2015-12-02 14:27:53] |
| idude - Posts: 7 |
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I'm looking for something that can tell me the average time the renko bars are taking to complete for the last 60 minutes to help decide if I should be trading or not. For example if the renko bars are taking more than 5 minutes to complete than I'm not trading if taking less than that's when I want to be trading. Thanks. |
| [2015-12-02 15:30:29] |
| Sawtooth - Posts: 4143 |
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Have a look at the Bar Time Duration study. You could apply a MA to this, but it would not be based on elapsed time if used on a renko chart. If you really need a 60 min average of renko bar time durations, it could be done with the Spreadsheet Study study. If you are interested in this solution, post here again and I'll share how to do it. |
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