Posted By: tradingest
Range Bar not correct - 01/04/19 13:44
Hi guys,
to build the Range bar I used the code below but the difference between H and L price is not always equal BarRange set.
Can you help me to understand why?
Thanks
to build the Range bar I used the code below but the difference between H and L price is not always equal BarRange set.
Code:
var BarRange = 0.005; //Range Bar int bar(vars Open,vars High,vars Low,vars Close) { if(Open[0] != Close[1]) { High[0] = max(Open[0],Close[1]); Low[0] = min(Open[0],Close[1]); Open[0] = Close[1]; } if(High[0]-Low[0] >= BarRange) return 1; return 4; } function run() { set(PLOTNOW); StartDate = 20181001; EndDate = 2019; BarPeriod = 1; PlotScale = 12; asset("EUR/AUD"); }
Can you help me to understand why?
Thanks