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Range Counter Bug?

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    Range Counter Bug?

    Thank you for providing range charts in this next release.

    I am using the Range Counter indicator with the range bars, and I notice that the counter goes up and down in its count. It is my understanding with range bars that this counter should never go up if it is set to count down - or down if set to count up.

    I would expect the range counter to monitor the difference of the high and low - that's it. Is this not correct?

    Thanks!

    blinker

    #2
    Our RangeCounter either displays number of ticks in the range (where its at) or ticks remaining before a new bar is formed. The latter number can go up or down.
    RayNinjaTrader Customer Service

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      #3
      Interesting, so the calculation to show the ticks remaining before the next bar - is that calculated assuming the bar will close on the current side of the open?

      Thanks!

      blinker

      Comment


        #4
        Its the number of ticks remaining relative to the entire bar.
        RayNinjaTrader Customer Service

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