Indicator: Constant Range Size
Note: This indicator is intended for use with Constant Range (Synthetic) Bars/Candles, not Standard Bars/Candles.
Constant Range size calculation: High - Low.
Gold. M2(offline): 1234.9 - 1232.4 = 2.5
- Detects and displays the fixed size of the Constant Range.
- Fast and easy identification of chart parameters facilitates trading efficiency.
Note: This indicator is intended for use with Constant Range (Synthetic) Bars/Candles, not Standard Bars/Candles.
- Constant Range Candles and Charts are also referred to as Range Bars (RB) and Range Bar Charts.
- Constant Range Bars/Candles all have the same fixed range value from high to low.
- Note for newbies: A Constant Range offline charts is generated from a Scripts, or Indicators, or Expert Advisor running on a M1 chart.
- Abundant additional information is available on the internet.
Constant Range size calculation: High - Low.
Gold. M2(offline): 1234.9 - 1232.4 = 2.5