Is it possible to generate “kase bars” in PRT?

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11/04/2022 at 10:31 AM #203505 quote

snucke
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Veteran

Not trying to hijack the topic but when you talk about bars, is it possible to generate “kase bars” in prt?

https://www.netpicks.com/day-trading-tool-box-kase-bars/

Ive used it in strategis on another platform, very powerful

11/05/2022 at 7:46 AM #203575 quote

JC_Bywan
Moderator

Master

Hi,

I have split the question into a new topic on its own. As far as I know, when configuring “price” window properties, Kase bars is not an available representation. So if not built-in, next is can it be coded.

Depending on what their formula is, maybe it would be possible to rebuild with custom code. They seem to be non-linear with time. I haven’t used them before, I would say choosing on what timeframe to rebuild them would depend on how they are built. If they are built from a classic timeframe candle close reaching or exceeding at close a target true range, then custom code could be applied on a classic timeframe.

If on the other hand a new Kase bar has to start as soon as a tick reaches target true range without waiting for an underlying classic timeframe candle close, with loaded history of classic timeframe not providing internal tick details prior to indicator launch/relaunch, then a workaround would be to use a tick by tick timeframe environment and its more limited history, and accept widely distorted bar width display.
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Is it possible to generate “kase bars” in PRT?

ProBuilder: Indicators & Custom Tools

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snucke @snucke Participant

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This topic contains 1 reply,
has 1 voice, and was last updated by JC_Bywan
3 years, 3 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	11/04/2022
Status:	Active
Attachments:	No files

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