vitorleite
2 posts
msg #74076
- Ignore vitorleite |
5/4/2009 3:45:27 AM
Good morning
I have difficulties to code for finding WIDE RANGE BARS. These bars have the following requirements (In the case bellow I want to find Bullish wide range bars)
1-The open is in the lower 20% range
2-The high is in the upper 20 % range
3-This bar occur after AT LEAST one prior up bar
4-Now, the most difficult part: the range of the bar itself that bring it's name, wide range. I decide for the following definition: If the spread of the bar is above 1.8 times the average spread then we will term it as a wide spread bar. In this case the average spread, we can consider the average spread of the 30 bars that precede that bar.
4-If you have the code already by another definition, it's welcome.
can you help?
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chetron
2,817 posts
msg #74078
- Ignore chetron
modified |
5/4/2009 6:57:22 AM
FOR STARTERS....
ADDED PRIOR 1 BAR
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vitorleite
2 posts
msg #74079
- Ignore vitorleite |
5/4/2009 7:57:42 AM
Thank you!
However it seems that the condition "3-This bar occur after AT LEAST one prior up bar " is not coded here. There are some stocks that show a bullish wide range bar but the previous bar is a down bar.
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