Who could write price bar? | Forex Factory

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Who could write price bar?

  • #1
  • First Post: Edited 8:14pm Jan 11, 2018 12:22am | Edited 8:14pm
what is price bar? price bar is based on price change,and every change is same,and its minimal change is price minimal change.

suppose EURUSD price 1.19395 (minimal change 0.00001)
if you set 5 pip,current price is 1.19395
then price
1.19396
1.19395
1.19396
1.19397
1.19398
after 5 pip , a new bar formed,
another case current price is 1.19398
1.19399
1.19400
1.19401
1.19402
1.19403
after 5 pip, a new bar formed,
another case current price is 1.19403
1.19402
1.19401
1.19400
1.19401
1.19402
after 5 pips, a new bar formed

There are many kinds of bars on the web, however ,I have not found this kind of bar. Who could code it?
  • #2
  • Jan 11, 2018 1:00am Jan 11, 2018 1:00am
Quoting extjsjquery
what is price bar? price bar is based on price change,and every change is same,and its minimal change is price minimal change. suppose EURUSD price 1.19395 (minimal change 0.00001) if you set 5 pip,current price is 1.19395 then price 1.19396 1.19395 1.19396 1.19397 1.19398 after 5 pip , a new bar formed, another case current price is 1.19398 1.19399 1.19400 1.19401 1.19402 1.19403 after 5 pip, a new bar formed, another case current price is 1.19403 1.19402 1.19401 1.19400 1.19401 1.19402 after 5 pips, a new bar formed There are many kinds of bars...
Renko, dude...
  • #3
  • Edited 8:15pm Jan 11, 2018 1:23am | Edited 8:15pm
Quoting Nicholishen
{quote} Renko, dude...
Thank you for your reply, I think you may not understand the construction of price bar that I said. renko/range bar is different from the bar that I said. renko/range bar only consider high/low and not consider the procedure.

here price bar set 10 pips, and range bar set 10 pips,
one case here, current price 1.19396,
1.19395
1.19396
1.19397
1.19398
1.19399
1.19400
1.19401
1.19402
1.19403
1.19402
after 10 pips , a new price bar formed while range bar still did not form. (because high - low 1.19403-1.19395=8 pips)
  • #4
  • Jan 11, 2018 8:35am Jan 11, 2018 8:35am
You mean ticks instead of pips, or?
  • #5
  • Edited 8:12pm Jan 11, 2018 8:38am | Edited 8:12pm
Quoting JensItzig
You mean ticks instead of pips, or?
Is tick equal to pip? In a word，a bar calculated on counting accumulation number of pips rather than high-low pips
  • #6
  • Jan 16, 2018 8:54am Jan 16, 2018 8:54am
It is a pity that no one could code the bar.
  • #7
  • Last Post: Jan 16, 2018 11:40am Jan 16, 2018 11:40am
Quoting extjsjquery
It is a pity that no one could code the bar.
There are renko bars and range bars. For both of them you find plenty of tools. Search for it we don't do all your homework here.

Regarding homework. Please try to understand the things you do. This starts with learning the terms and words. If you don't know the difference between pip and tick, stay away from the buy or sell button.
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