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Date/Time: Sat, 18 May 2024 06:22:33 +0000

Post From: High and Low for 'Number Of Trades Per Bar'

[2023-03-16 18:58:09] Link To Thread - Link To Post [Go To First Post]
4LifeNeo - Posts: 36
Actually, I went back and played with the settings and tried it on the Range bar too. And it doesn't work on the Range bar either. I think this study is probably made for a time-based chart because of the "Time Period Type" and "Time Period Length" settings. If you plot it on a 5 mins chart for example and set those settings to "Minutes" and "5" respectively, you'll see that it plots nicely the high and the low for each bar. However, if you use it on a Range bar or a "Number Of Trades Per Bar", you'll see it doesn't have a high or low for each bar, but on a random number of bars. That probably is because it's based on the input of the number of minutes. And since these types of charts are not time-based, this study doesn't work on them.