Narrow Range and Wide Range Bars

[TURLIES]

Here's a formula for an NR3. This might show more results as they occur far more frequently.

Paul

[dimitryg1]

i pulled up daily chart of QQQQ and Australian $ spot... there were multiple nr3 missing... try it for yourself...

QQQQ: 3/14/05 was nr3 - not picked up

the error is here:

if (
(high()-low()) <= (high(-1)-low(-1)) &&
(high(-1)-low(-1)) <= (high(-2)-low(-2)) &&
(high(-2)-low(-2)) <= (high(-3)-low(-3))
) onAction1();

it should not be "
a<b<c<d", but "a < b, a < c, a < d" which are not the same


replace above with :

if (
(high()-low()) <= (high(-1)-low(-1)) &&
(high()-low()) <= (high(-2)-low(-2)) &&
(high()-low()) <= (high(-3)-low(-3))
) onAction1();

[mstollfus]

Narrow range won't highlight

I downloaded this file from this forum and cannot seem to get it to work. I made the changes suggested but cannot get it to properly highlight the bars. Right now, when this file is applied to a chart, all the bars disappear. What I want is for a NR4 bar to be highlighted a color different than the price bars. Can you help?

Mike