Range Bar Ranges Vary

Questions about MultiCharts and user contributed studies.
momentum
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Range Bar Ranges Vary

Postby momentum » 27 Apr 2006

Using IB as my data feed, my 120 Point Range Bars on ER2 vary between 120 and 140.

Anyone else see this?

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Alex Kramer
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Postby Alex Kramer » 28 Apr 2006

This is quite possible given it reflects a true condition in the incoming price data.
Range bars of not exactly the set value can occur, only if there's many (like 50%) of such bars occuring for any substantial period of time, then there's a reason to worry. Please send more information if this is the case.

momentum
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Postby momentum » 28 Apr 2006

Thanks Alex. Its probably less than 15%.

Tom


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