Tony Crabel's Opening Range Formula

#12
casoni; I get this error,

Avg=(bhigh-blow)/2;

Plot(C,"",colorYellow,styleBar);
Plot(BHigh,"RESISTENCE",colorGreen,styleNoLine|sty l
---------------------------------------------------^

Error 31.
Syntax error, expecting ')' or ','

Br
 
#18
Thank you Dryheat, now it works, playing with this now for a while and imo this is a system to daytrade with. Now its time to make more deeper backtest and see.

Br Bollis
 
Last edited:
#19
Update:
The following lines of code should be modified as shown:
DlyHighest = ValueWhen(TimeNum() == 154500, DlyHigh);
//Do the same for the lowest value of the trading day.
//Adjust time as needed for your market.
DlyLow = LowestSince(TimeNum() == 093000, Low);
DlyLowest = ValueWhen(TimeNum() == 154500, DlyLow);

This is simply changing the final bar of the day from 160000 to 154500. This is required when applying the formula to stocks and market indexes. the new settings should have little to no affect on Futures.

Dry :)
 
#20
Can we make an exploration for this DryHeat?

So when stock is either moving up to BreakOutLong, or declining to BreakOutShort it will show up in exploration screen. That should be something :thumb:
 

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