Average through range - page 3
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Question to coders who know what this means......
"Alerts on current" - 'true/false'.
Does this mean the indicator 'alerts' on the 'current' candle when it is set to true and it alerts on the following candle when set to false?
Thanks
TEAMTRADERYes
Alerts on current == true -> alerts on current still opened bar
Alerts on current == false -> alerts on first closed bar
Hi MLaden,
I was asked if I could change the indicator 'ATR_CCI' to use the ADR (not ATR) as its base. Obviously I can't!
However, I am interested in the practical effects of using this ADR on renko based charts but not sure if it would be of benefit so may I ask you if it could be done? It is possible that using it on renko based charts will make the ADR a more accurate indicator - to be proven!
Attachment is the current setting I use on the Dax for the 'longer term' renko of 25 pts .
Thanks
TEAMTRADER
PS
My method of ascertaining signals is to see when
1. the O/S level (minus number) is broken upwards and O/B levels are broken downwards= first signal and
2. when the zero level is broken = the confirming signal.
Hi MLaden,
I was asked if I could change the indicator 'ATR_CCI' to use the ADR (not ATR) as its base. Obviously I can't!
However, I am interested in the practical effects of using this ADR on renko based charts but not sure if it would be of benefit so may I ask you if it could be done? It is possible that using it on renko based charts will make the ADR a more accurate indicator - to be proven!
Attachment is the current setting I use on the Dax for the 'longer term' renko of 25 pts .
Thanks
TEAMTRADER
PS
My method of ascertaining signals is to see when
1. the O/S level (minus number) is broken upwards and O/B levels are broken downwards= first signal and
2. when the zero level is broken = the confirming signal.
Hi MLaden,
I was asked if I could change the indicator 'ATR_CCI' to use the ADR (not ATR) as its base. Obviously I can't!
However, I am interested in the practical effects of using this ADR on renko based charts but not sure if it would be of benefit so may I ask you if it could be done? It is possible that using it on renko based charts will make the ADR a more accurate indicator - to be proven!
Attachment is the current setting I use on the Dax for the 'longer term' renko of 25 pts .
Thanks
TEAMTRADER
PS
My method of ascertaining signals is to see when
1. the O/S level (minus number) is broken upwards and O/B levels are broken downwards= first signal and
2. when the zero level is broken = the confirming signal.
You can not have ADR for renko (false time)
The ATR works well enough so appreciate the update.
TEAMTRADER