Scalpers Hourly Range Indicator (TSR tweeked for scalpers)

(I put this in Trading Systems but it probably belongs over here.)

I took the TSR and changed it to hourly instead of daily ranges.

This gives the scalper a great tool to know the range of pips in the last hour rather than days. This lets us also know when the most volatile times are for our pair.

It also shows the average hourly range for the

last 5 hours

last 10 hours

and last 20 hours (almost a day

Im not a programmer so if there are some programmers out there that can take a look at this and see if it needs any tweeking

Also some advise on how to use this wisely and how it would work best would be great. I dont totally understand the best way to use this.

Thanks,

Mike Lewthwaite

P.S. "If you get in your navigator and choose to modify you can change the Risk to Reward Ratio to your MM System."

Friend,

I really like this indi could you adjust this to the 4-hour time?

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Hi Trendgenius,

If you change the settings in die first window (see attached screen-print) to whatever settings you want, the code changes the headings to the number of hours you have selected as you can see from my screen-print.

Should you need any further assistance let me know.