Narrow Range Candle

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  • Author
    Posts
  • 02/02/2022 at 4:29 PM #187369 quote
    dkotecha1
    Participant
    New

    Hi,

    I am new to prorealtime, I just wanted to ask if there is an indicator that will highlight narrow range candles.

    I would like to highlight NR4,7,21 candles. Any guidance would be appreciated.

    Thanks

    02/02/2022 at 5:41 PM #187377 quote
    lashanta92
    Participant
    New

    I’d never heard of that so I made it.

    if barindex >= 23 then
i = 1
while (range[1] < range[1+i]) and i <= 21
i = i + 1
wend
if i = 4 then
DRAWTEXT("4", barindex[1], high[1]*1.0002) coloured("pink",192)
elsif i = 7 then
DRAWTEXT("7", barindex[1], high[1]*1.0002) coloured("pink",192)
elsif i = 21 then
DRAWTEXT("21", barindex[1], high[1]*1.0002) coloured("pink",192)
endif
endif

return
    02/02/2022 at 6:48 PM #187390 quote
    lashanta92
    Participant
    New

    Rewrote nonsense point and add inside bar

    i = 1
while (range[1] < range[1+i])
i = i + 1
wend
if i >= 4 and high[1] < high[2] and low[1] > low[2] then
DRAWTEXT("□", barindex[1], high[1]*1.0002,dialog,standard,18) coloured("pink",192)
endif
if i >= 21 then
DRAWTEXT("21", barindex[1], high[1]*1.0002) coloured("pink",192)
elsif i >= 7 then
DRAWTEXT("7", barindex[1], high[1]*1.0002) coloured("pink",192)
elsif i >= 4 then
DRAWTEXT("4", barindex[1], high[1]*1.0002) coloured("pink",192)
endif

return
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Narrow Range Candle


ProBuilder: Indicators & Custom Tools

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Author
author-avatar
dkotecha1 @dkotecha1 Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by lashanta92
4 years ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 02/02/2022
Status: Active
Attachments: No files
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