Range Bar Chart

Questions about MultiCharts and user contributed studies.
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Range Bar Chart

Postby shadrock55 » 08 Apr 2011

Are Regular Points charts in Multicharts the equivalent of Range Bar charts in other packages?

When I do a comparison with other packages they look different. It actually looks like this is better because it has gaps in it and doesn't automatically fill them in which creates a better backtest result. Is this the case?

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Stan Bokov
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Re: Range Bar Chart

Postby Stan Bokov » 08 Apr 2011

Point charts are equivalent to Range bars in other packages. They are constructed out of ticks, so if you are backtesting with tick precision, your strategy only has a chance to fill at the prices that actually occurred.

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