Enhanced option for KASE Bar

Kasebar is known to show almost real "Rangebars", with which there are no serious differences between backtest results and live results.
When casebars are generated, the tick exceeding the box size becomes the opening tick of the new casebar. I would like to add the option that this tick should be the last tick of the finished rangebar. Here is an indicator that shows both variants. #Range_Mode=1 is the classic (Kasebar implemented) bar mode (attached pic shows this mode). #RangeMode=0 shows the above desired option.
(pic notation: cyan dot: last tick of a rising kasebar, magenta dot: last tick of a falling kasebar, yellow dot: first tick of new kasebar)

Could this be added as an option in the instrument dialog by MC at short notice?

You can vote for this feature request: https://www.multicharts.com/pm/public/m ... es/MC-2608

Thanks & regards

Hello, signalworks!

MultiCharts provides the ability for creating your own custom bar types. You can create your own resolution using the custom resolution manager:
https://www.multicharts.com/trading-sof ... esolutions

Hi Anna,

It will would be great to have a simple minimum example for creating a custom bar type. Something like a basic candlestick chart. Maybe it is just me but I am finding the whole subject light on documentation. There has been almost no discussion about this in the forum yet this is a pretty important feature. A tutorial would be handy.

Kind regards,

Alex

Hello, hughesfleming!

There’re 5 templates available that you can use as a base for your own custom bar type: Heiken-Ashi, Kagi, Line Break, Point and Figure, Renko. If you have any specific questions about coding your own custom resolution, feel free to ask us here or by email.