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RANGE BAR


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BADLY NEEDED.... BRB-BUTUH RANGE BAR

 

http://www.mqlservice.net/catalog/product_info.php?products_id=29

 

somebody? ada yang punya?

 

Note:

 

TSD version seems to have a bug. and its not really good(has a spike).

Versi TSD ada kecoa nya . sama gak begitu bagus (ada pentungannya)

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Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

TSD is not bad as range bar

Michal has CONSTANT range bar

it does not change result :sum:

 

40 euro means it will be cost nothing in a year :D

 

well mate, I gave something for you if you have the UNBUG version of this ....

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Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

Ini bukan?

http://www.4shared.com/file/88643901/f84a368d/BarRange.html

 

Ada di HD, ga tau bener ato ga seh, abis ga ngerti konsepnya.

 

Regards,

 

kasi ... keterangan dikit

 

Range Bars are price-driven bars, with each bar having a required minimum high-low range. Once the range requirement is reached, the first tick to break outside that range will begin a new bar (and become the opening price of that new bar). Each bar opens at a price outside of the high/low range of the previous bar. And each bar closes at either it's high or it's low.

Each bar has a high/low range equal to the range specified. The high/low range of a bar can exceed the range specified in certain situations (gaps) but can never be less that the range specified. Each bar opens outside the high/low range of the previous bar. Each bar closes at either it's high or it's low. With Range Bars (and Change Bars), a new bars is only formed when price is moving. When prices gets stuck in a tight range for an extended period of time, horizontal screen real estate is not wasted with multiple bars that would have formed had the periodicity been volume or time driven. For Range Bars, the high/low range of each bar is essentially held constant, while time and volume are variables. you can find more details about such chart in the following links:

 

http://www.fibonaccitrader.com/HELP40/Range%20Bar/default.htm

http://www.forextips.com/range_bars.htm

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  • 2 months later...

Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

Is range bar = Periode Converter ?

 

Periode Converter = http://codebase.mql4.com/download/1227

 

:?:

 

bukan .. ini buat periode converter saja alias kalo mo nunjukin char 2 jam 3 jam ... ato pun 3 1/2 jam an .... :mrgreen:

 

constant range bar . yang buat si CEMPLON dari holand namanya michal ruthka...

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  • 2 weeks later...

Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

Hi guys,

 

I tried this indicator, but didn't work at all. I was waiting for few hours and nothing happened. I believe that some lines should show up, but nothing.

 

Did anyone try it??? what do you see and how did you run it???

 

Please let me know as soon as possible,

 

Best wishes,

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Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

@scarface

 

you have to put it in the scripts folder. Then in metatrader, find it in navigator, and drag it to M1 chart.

 

 

I tried that, but nothing showed up...!!!

 

what do you see when you do the steps you mentioned???

 

Please let me know ASAP.

 

Cheers.

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Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

Scarface,

 

Do this. Put the file in script, Open a 1 min EURUSD chart for example, attach the script to the chart and select the variables, then hit OK.

 

Now, go open an offline chart, find EURUSD 2 min timeframe, open that

 

Keep the 1 min EURUSD chart open, the 2 min timeframe chart will update with range bars.

 

Best,

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  • 2 weeks later...

Re: [WANTED/DIBUTUHKAN] RANGE BAR

 

Scarface,

 

Do this. Put the file in script, Open a 1 min EURUSD chart for example, attach the script to the chart and select the variables, then hit OK.

 

Now, go open an offline chart, find EURUSD 2 min timeframe, open that

 

Keep the 1 min EURUSD chart open, the 2 min timeframe chart will update with range bars.

 

Best,

 

maybe I have problem. Still there was nothing showed up since there was no update for 1 hour on the 2 min chart.

 

however, I saw a video explaining about the range bar and on that chart there was a moving average or a trend show indicating when to buy or to sell. That means if the candles went under that curve or moving average, so it is a sign of selling, and vice versa.

 

There was some other indicator to verify the entry position to buy or sell.

 

http://www.youtube.com/watch?v=27qh7qyuzXI&feature=related

 

I hope someone can help with this.

 

Best wishes

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  • 1 month later...
  • 9 months later...

Does anyone have another version of Range Bars (for MT4) where the open of the bar equals the close of the prior bar similar to what appears on the NT platform? Or could anyone please modify the version posted here in this thread so that it does?

 

In the current MT version there is a one pip gap between range bars which I want eliminated. For example in a strong uptrend using a 5 pip range bar it will not print the bar on the chart until there is a 6 pip up move. So you are always one pip late if you are waiting for the current bar to close before taking a trade.

 

I have searched this forum for "range bars" and tested every version (a few had dead links) but it seems they all have the one pip gap.

 

I think constant range bars (not so much Renko) can help almost every trading system (except multi time frame applications) by reducing the effects of noise or consolidations. Everyone that is using range bars could benefit if a version could be found with no gap or if someone can recode the current version.

 

Thank you.

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