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Date/Time: Sun, 19 May 2024 13:39:17 +0000

Post From: Bar Period Type: Reversal Bar (in ticks) - with a Probe setting in ticks

[2015-07-08 20:41:57] Link To Thread - Link To Post [Go To First Post]
User79416 - Posts: 3
I want to create a reversal bar in ticks that will have a probe value in ticks as well. This probe value is the amount of consecutive ticks price must move in either direction before a reversal can be considered. Current SC Reversal Bar in ticks works well for the reversal, but there is no way I can set up a probe value. This bars are very helpful to tone down any noise coming from non directional moves up/down couple ticks. I'm not sure if you are familiar with Order Flow Analytics bars, but basically that is what I'm after. By the way, I tried Point and Figure study, but it does not work for what I'm trying to achieve. Thanks