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Date/Time: Mon, 29 Apr 2024 00:31:01 +0000



Post From: "3BAR NR" vs. "7NR"

[2018-11-29 08:07:23]
User150852 - Posts: 38
when looking carefully into the definitions of these patterns (as defined by Toby Crabel) i see you have done in Narrow bar range what is called "xNR", that is, taking the last bar and comparing it to the last x Bars.

however, the "xBar NR" is something different... (and is more potent)
it takes the last x Bars range (max high-min low) and looks in the past y periods for all x bar ranges and determines if the last one has the smallest range.

so this takes two parameters, X (Bars number) and Y (Periods back)

it would be great to add to it another flag to detect if the xBar NR are inside bars to a previous bar, which makes the patters even stronger