countdown for Change-Based Charts

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chipeur_le_renard
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countdown for Change-Based Charts

Postby chipeur_le_renard » 24 Feb 2017

hi guys

all of us have countdown for ticks, for minutes..... ..but for change resolution on a chart ??? need help



https://www.multicharts.com/trading-sof ... sed_Charts

best regards

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TJ
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Re: countdown for Change-Based Charts

Postby TJ » 24 Feb 2017

hi guys

all of us have countdown for ticks, for minutes..... ..but for change resolution on a chart ??? need help



https://www.multicharts.com/trading-sof ... sed_Charts

best regards

Can you describe the operation of count down on a change chart?

Can you give an example? an illustration?

chipeur_le_renard
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Re: countdown for Change-Based Charts

Postby chipeur_le_renard » 24 Feb 2017

hello tj

documentation of MC >>>>>>> Each bar in a change-based chart is based on a tick group that consists of successive ticks over a defined number of price changes.

The first tick of the group forms the bar's Open component, the tick with the highest price forms the bar's High component, the tick with the lowest price forms the Low component, and the last tick of the group forms the bar's Close component.

The bar is closed once the tick with a price, bringing the current bar's total number of price changes to the defined number, has been received. The first tick of the following group forms the next bar’s Open component.

thx for help

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TJ
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Re: countdown for Change-Based Charts

Postby TJ » 24 Feb 2017

hello tj

documentation of MC >>>>>>> Each bar in a change-based chart is based on a tick group that consists of successive ticks over a defined number of price changes.

The first tick of the group forms the bar's Open component, the tick with the highest price forms the bar's High component, the tick with the lowest price forms the Low component, and the last tick of the group forms the bar's Close component.

The bar is closed once the tick with a price, bringing the current bar's total number of price changes to the defined number, has been received. The first tick of the following group forms the next bar’s Open component.

thx for help

Let's make an example:

You have a 10 change chart.

How would it work?

Can you describe from bar open to bar close,
can you walk us through the count down from 10 to zero?

chipeur_le_renard
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Re: countdown for Change-Based Charts

Postby chipeur_le_renard » 24 Feb 2017

yes

100 changes for example ..... countdown beginning at new bar from 100 to 1 ..then new bar and new countdown from 100 to 1 ......

like countdown volume or for ticks or for time...

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TJ
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Re: countdown for Change-Based Charts

Postby TJ » 24 Feb 2017

yes

100 changes for example ..... countdown beginning at new bar from 100 to 1 ..then new bar and new countdown from 100 to 1 ......

like countdown volume or for ticks or for time...
You are jumping to the end without thinking about the middle process...

At the open, your countdown is 100.

if the market moves up tick by tick to a total of 101 ticks,
you will have a count down of 100, 99, 98, 97.... zero,
then a new bar begins.

So far so good.

How about if the market goes sideways for 101 ticks?
how would the countdown work?

How about if the market goes up 50 ticks,
then goes down 50 ticks?
How would the count down work?

chipeur_le_renard
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Re: countdown for Change-Based Charts

Postby chipeur_le_renard » 24 Feb 2017

all is here >>>>>> The bar is closed once the tick with a price, bringing the current bar's total number of price changes to the defined number, has been received. The first tick of the following group forms the next bar’s Open component.

that s the calculation of MC ..need the same but visual countdown on screen

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Angelina MultiСharts
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Re: countdown for Change-Based Charts

Postby Angelina MultiСharts » 24 Feb 2017

Hello chipeur_le_renard,


Please leave a feature request here: https://www.multicharts.com/pm/public/multicharts/
Please include description of how such functionality should work.


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