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Can't remember bar tick volume indicators name - help!
Thousands of indicators and when you see one you like you quickly forget its name if you do not start using it.
I am looking for an indicator that showed within the painted ohlc bar or candle bar that area where the larger volume of ticks are occurring. Anyone know of it. Thanks in advance for any replies. |
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No not Equivolume.
This indicator showed within the painted candlestick bars or ohlc bars the price area where the majority of ticks were taking place. A standard bar paints the high low open close prices where , as an example, a single tick can give the high price for the bar but this may be misleading as the majority of trading is being done at a lower price within that bars high low range. If I remember correctly it put hash marks on the bar being painted showing the price area that most of the ticks were occurring. |
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The indicator I am looking for shows within each vertical painted bar where the most accumulation of ticks is occurring for that bars particular time frame. Thanks for the reply! |
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Some people consider ticks as a representation of volume. We could talk about why this is not true in retail forex where you have pips and not ticks but that's another history. Market Facilitation Index comes by default with MT4.
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We have many threads in our forum about CCI Woodies:
- SuperWoodieCCI. Indicators, trading systems, descriptions, instructions/manuals, wcci patterns and how to trade and so on. Very good thread. - WCCI indicators' system. Just one system without description. - Woodie's choppy zone indicator Something about one indicator. - Jurik Woodie CCI; - SideWinder for CCI; - CCI Filter; - modified version of Woodie CCI (thanks Linuxser). - CCI Candles - ZZi version of the CCI for OverBought and OverSold levels is here Zee's CCI - better looking CCI indicator - CCI Woodie like: good thread CCI Woodie like with some new indicators on the first ost and detailed explanation about how to trade. |
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LinkBack to this Thread: http://www.forex-tsd.com/metatrader-4/12769-range-bar-chart-mt4.html
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| Posted By | For | Type | Date | |
| Technorati: Discussion about “Range Bar Chart on MT4” | This thread | Refback | 03-13-2008 07:25 PM | |
| » Range Bar Chart on MT4 | This thread | Pingback | 03-09-2008 10:23 AM | |
| what time is it now gmt | This thread | Pingback | 03-09-2008 09:53 AM | |
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