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PCF for Wide Range Bars Rate this Topic:
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mojo98
Posted : Wednesday, November 7, 2018 5:05:21 PM
Registered User
Joined: 4/28/2016
Posts: 4

I've seen various discussions on PCFs for Wide Range Bars, each PCF with its own variation.

Regarding the image below, what would be the best PCF to use for the wide range bar next to the arrow?

 

 

Bruce_L
Posted : Thursday, November 15, 2018 9:51:38 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Is it wide just because it is say wider than all of the previous 10 bars?

H - L > MAX(H1 - L1, 10)

Or do you have something else in mind for a definition?



-Bruce
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