Inside and outsidebars
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Hello together, i have difficulties to get an indikator run. I want to programm an Inside and outsidebar Range (Book: Das große buch der Markttechnik) indikator (look at the screenshot example i mannualy made). 🙂
// Definition der Insidebar-Range a = High[4] b = Low[4] MyRange = a - b // Condition Inside- und Outsidebar c1 = MyRange >= Close c2 = MyRange < Close // Signal Inside- oder Outsidebar IF c1 THEN a = 1 // DRAWARROWUP (x1, y1) COLOURED (R, V, B, a) ELSIF c2 THEN a = -1 // DRAWARROWDOWN (x1, y1) COLOURED (R, V, B, a) ELSE a = 0 ENDIF Return a). The signal shoult be generate if a (inside)bar Leafs the range from the outsidebar with a close is higher as the high of the outsidebar-Range.
Here is my code. unfortunately my indicator shows nothing Should i work with a “BREAK”?
You need to define exactly what an ‘Inside and outsidebar Range’ is. In your image you have candles followed by what I would call an inside candle (the high and low did not break the previous high and low) but also candles that did break the previous high and low as shown by the arrows in the image.
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Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 12/06/2020 |
| Status: | Active |
| Attachments: | 2 files |
