Setup Range Bars

#1
Hi Amibroker friends,

Any help is appreciated.

I'm pretty new at Ami. Wanted to view my chart as Range bars. Couldn't find any option to do this.

I can view them as candlesticks, line, bars etc. Is there any simple dropdown option where i set range and view them as range bars or does it require any coding.

-dk
 

alokdaga

Active Member
#2
Hi Amibroker friends,

Any help is appreciated.

I'm pretty new at Ami. Wanted to view my chart as Range bars. Couldn't find any option to do this.

I can view them as candlesticks, line, bars etc. Is there any simple dropdown option where i set range and view them as range bars or does it require any coding.

-dk
Tools->preference->Intraday
You can set no of ticks for range bar
 
#3
Alokdaga - Thanks a lot.


I tried setting them up in normal EOD chart just for starters, set ticksize as 10, and i see the next bar appears after 10 minutes.. the 3rd bar 10 mins later.

Shouldn't the next bar appear only when price goes UP/DOWN by Rs 10 ? Isn't range bars Price based..and not time based..

Or does the ticksize apply only for Real time intraday data ?

Sorry if these are too many (stupid :)) questions.
 
#4
Alokdaga - Thanks a lot.


I tried setting them up in normal EOD chart just for starters, set ticksize as 10, and i see the next bar appears after 10 minutes.. the 3rd bar 10 mins later.

Shouldn't the next bar appear only when price goes UP/DOWN by Rs 10 ? Isn't range bars Price based..and not time based..

Or does the ticksize apply only for Real time intraday data ?

Sorry if these are too many (stupid :)) questions.
You should use tick data for range bars not EOD bars! EOD data is time based on top of that.
 
#5
hi
please note
your database settings in Amibroker ,must be in tick, not 1 minute or 1 day.
when you use tick as basis you need more of memory.

happy trading
 

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