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Hi there.
I`m having some trouble with range bar charts. Already talked to esignal support and I their doing their best but everyone knows that time is money.
I'm trying to make a range bar formula independent of esignal engine. I know that I can apply on a lower frame a MA formula with a period of 1 and the range interval of the bigger frame that I want. But as it depends on esignal engine the problem persists.
I`m still a beginner on efs language but already made a structure. The code is based on a ZigZag formula that I took from esignal file share. When the movement changes direction I can draw a line that is equal to the open of the range bar. I put all the variables that setup the formula as constant.
I tried a lot to develop and make high and lows or the opening price when the move doesn't change direction but I really don't how. I`m not sure about where to put the variables. I know that`s this code is just on the beginning and maybe I`m asking too much but that`s something extremely important to my system work.
This picture can explain a little better. That's been applyed on WIN Z3-BMF on a 60 tick chart and the range is set as 220. To open a new bar it must cross the range. That`s why the range is set as 225 (220 + price minimum variation (5 to WIN Z3-BMF))
Thanks already!
I`m having some trouble with range bar charts. Already talked to esignal support and I their doing their best but everyone knows that time is money.
I'm trying to make a range bar formula independent of esignal engine. I know that I can apply on a lower frame a MA formula with a period of 1 and the range interval of the bigger frame that I want. But as it depends on esignal engine the problem persists.
I`m still a beginner on efs language but already made a structure. The code is based on a ZigZag formula that I took from esignal file share. When the movement changes direction I can draw a line that is equal to the open of the range bar. I put all the variables that setup the formula as constant.
I tried a lot to develop and make high and lows or the opening price when the move doesn't change direction but I really don't how. I`m not sure about where to put the variables. I know that`s this code is just on the beginning and maybe I`m asking too much but that`s something extremely important to my system work.
This picture can explain a little better. That's been applyed on WIN Z3-BMF on a 60 tick chart and the range is set as 220. To open a new bar it must cross the range. That`s why the range is set as 225 (220 + price minimum variation (5 to WIN Z3-BMF))
Thanks already!