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Registered User
Joined: 8/21/2010
Posts: 9
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I am currently a new member of Worden's TC2000 and a gold member.
I was interested in creating Range Bars on my charts to remove the noise out of the markets.
If I have the formula can they be created?
Also is there any time line for introducing PnF charting to your site?
Thanks for your reply,
Yvonne
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I cannot think of a way to create Range Bars in either TC2000 version 7 or TC2000 version 12.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 5/9/2010
Posts: 144
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Mr. Bruce, How about SF?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You may want to start by looking at the range bars topic. My understanding is that Range Bars just start a new bar whenever the current bar meets or exceeds a certain range and that the Range Bar is plotted using its actual prices.
Do you want the range specified as a Net Difference, in multiples of ATR, as a percent difference from low to high, as a percent different from high to low or as something else entirely?
It should be noted that the shortest Time Frame of the Range Bars will be the Active Bar Interval selected for the chart as the Range Bars will be constructed from the bars which would have otherwise been drawn (the time covered by the Range Bar will always be a multiple of the Active Bar Interval). I cannot figure out a way around this limitation.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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