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Is there an indicator that shows the range of bars?

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    Is there an indicator that shows the range of bars?

    I am looking for an indicator that shows the range overlap of bars as I plan to do some calculations based on bar's overlap and then try to develop an indicator based on that. I have found the following formula for overlap:
    (max 1 - max 0) - (min 1 - min 0) - 1= range overlap
    then total range can be calculated by the following formula;
    (max 1 or max 0 (higher of the 2)) - (min 1 or min 0 (lesser of the 2))= total range
    then % overlap can be calculated using the following formula:
    range overlap divided by total range x 100= % overlap
    These formulas need to be incorporated into an indicator for each bar.
    Last edited by james79; 07-11-2022, 05:28 PM.

    #2
    Hello james79,

    I am not aware of a specific indicator that checks the overlap like that, you can use the Range indicator which does high minus low to get bar ranges and you could use the values from that to do additional math like you are asking.

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