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

snucke · 2022-11-04T09:31:05+00:00

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author

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

snucke
Participant

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.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

Try ProRealAI

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

ProBuilder: Indicators & Custom Tools

New Reply

Author

snucke @snucke Participant

Summary

This topic contains 1 reply,
has 1 voice, and was last updated by JC_Bywan
3 years, 11 months ago.

Topic Details

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