Hi there
I am looking for a graphics tool that shows the higher time frame action/range plotted as a box on the lower time frame. Please have a look at the picture attached, showing how (for instance) a 5min bar range is plotted as a box on a 1min chart.
I believe a similar tool (called "Encapsulation" in FibonacciTrader) existed for TS, but for End-Of-Day only, while I am looking for intraday as well.
I know it is just a different style of plotting the range of the higher time frame on the lower one, but I feel that visually it shows better at any time at what stage you are during the construction of the larger time frame.
Thanks for any help
Help needed on "Encapsulation Tool" [SOLVED]
Help needed on "Encapsulation Tool"
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- Encapsulation Tool.jpg
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- Henry MultiСharts
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Re: Help needed on "Encapsulation Tool" [SOLVED]
Hello magcf,
There is no such prebuilt tool in MultiCharts .NET.
It can be created with the help of IChartCustomDrawer
There is no such prebuilt tool in MultiCharts .NET.
It can be created with the help of IChartCustomDrawer
Re: Help needed on "Encapsulation Tool"
I have tried to look into this but it's beyond my abilities, I am not really good at programming.
I really hope one day a "box" aka "hi-lo" bar chart style (where you can plot a higher time frame action on the lower time frame that makes it, like shown in my opening post's attachment) will be available as standard, that will make me a happy bunny...
I really hope one day a "box" aka "hi-lo" bar chart style (where you can plot a higher time frame action on the lower time frame that makes it, like shown in my opening post's attachment) will be available as standard, that will make me a happy bunny...
- Henry MultiСharts
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Re: Help needed on "Encapsulation Tool"
magcf, you may want to submit a feature request to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/
Re: Help needed on "Encapsulation Tool"
I did, as you suggested.
The thread ended up in the wrong category, and in the attempt to modify it, it got duplicated. Now it seems I cannot delete the first version. Very sorry about that.
If you can, please delete MC 1507 and leave MC 1508.
Thanks
The thread ended up in the wrong category, and in the attempt to modify it, it got duplicated. Now it seems I cannot delete the first version. Very sorry about that.
If you can, please delete MC 1507 and leave MC 1508.
Thanks
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
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Re: Help needed on "Encapsulation Tool"
Thanks very much, appreciated.DoneIf you can, please delete MC 1507 and leave MC 1508.
Re: Help needed on "Encapsulation Tool"
Hi magcf,
I am not a skilled programmer either, I have added couple of things to the built in indicator to make it look like boxes. It only works for lower than Daily resolution. It's not much but maybe it will be useful.
I am not a skilled programmer either, I have added couple of things to the built in indicator to make it look like boxes. It only works for lower than Daily resolution. It's not much but maybe it will be useful.
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- Daily_Hi_Lo.png
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- ST_Daily_Hi_Lo.pln
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