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Price Change charts
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Price Change charts
Any plans on adding Price Change charts similar to eSignal? I use them almost exclusively. I think NT users would benefit greatly. They get rid of all the noise associated with tick charts, and small time frames. They give the cleanest chart patterns, and the cleanest setups from any indicators applied to them.Tags: None
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I think range bars are a different chart type. Here's the description from eSignal online doc:
Price Change Bar Chart:
A Price Change Bar chart is an Interval chart that uses changes in price, instead of time, to display the data. Instead of using a 1 minute chart, you might want 10 price changes per bar. Only a price change counts in this type of bar chart.
For example, if there were, in order, 3 trades at 9.25, 2 trades at 9.50, and then 7 trades at 9.25 again, then 3 price changes have occurred. Once the selected number of price changes are reached, the current bar is closed out and a new bar is created. To set-up a 50 price change bar, you will have to enter 50P in the interval box.
Originally posted by NinjaTrader_Ray View PostAre you referring to range bar charts? If yes, its already available in NT 6.5 Beta.
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