Hi there, I have recently started trading with Range Bars and my trading has significantly improved.
With range bars new bars aren't drawn at fixed TIME intervals but rather fixed PIP intervals. This basically eliminates time completely and gives a much smoother view of a market that is either dead or breaking out.
What I need is a simple indicator, much like a moving average, but instead of averaging the movement, it must just average the time it takes each bar to form.
I unfortunately have no programming experience and I have searched for such a indicator everywhere and even attempted to learn to code but no success.
The indicator would give you a good and quick feel about the momentum in the market and should greatly improve your edge when trading with range bars.
TradingFX.com is the only place I could find such a indicator, they call it "APB" or "Average Price in Bar" but sadly it is not for sale on its own.
Thanks,
Christiaan
With range bars new bars aren't drawn at fixed TIME intervals but rather fixed PIP intervals. This basically eliminates time completely and gives a much smoother view of a market that is either dead or breaking out.
What I need is a simple indicator, much like a moving average, but instead of averaging the movement, it must just average the time it takes each bar to form.
I unfortunately have no programming experience and I have searched for such a indicator everywhere and even attempted to learn to code but no success.
The indicator would give you a good and quick feel about the momentum in the market and should greatly improve your edge when trading with range bars.
TradingFX.com is the only place I could find such a indicator, they call it "APB" or "Average Price in Bar" but sadly it is not for sale on its own.
Thanks,
Christiaan