Hello Sohocool, ever since aquiring your indicator, I've noticed there is definately a relationship between the way price moves and volume, range. I still don't know what it is exactly. I've been looking to see if a bar is Highest volume & range, and looking to reenter in such direction. Had relative success. However my results are random. I wonder would you consider making another indicator which is basically an adjusmet to the last indicator. Basically, instead of the range indicator measuring the range between a candles High and Low, instead...
Thankyou sohocool for the indicators, your an exceptional expert! With regards to the indicators, in order to make the positive is it possible to ((x)^2)^(1/2)) in order to make it positive. In order to measaure I guess volatility? And then further if possible, divide that value by the tick volume, such that it creates an alternate version of the Bill Williams MFI indicator, which is the same but depends n high-low, instead of open close. I'm not sure if it will result in anything concrete, but if I do, I will pm you any strategies since I oew you....
{quote} Hi Hmsr I do for you 3 indicators with absolute value(close-open) (always positive). BW MFI V1 with absolute value(close-open) . And 2 indicators with absolute value(close-open)/volume
Hi I found in my library this indicator : atr values. I hope this indicator can help someone . Note : atr one period = range.
{quote} Hi classy, To have range (True Range) ,you have to choose Moving Average Periode 1.
{quote} Hello Hmsr I did not quite understand what exactly you want. So I post a Candles (close -open) Pips indicator. The Range ( high-low ) is always positive . (Close-open) can be positive or negative !!! I hope these indicators can help you.
