NinjaScript > Language Reference > Indicator Methods > Range Indicator (RIND) |
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Description The Range indicator compares the intraday range (high - low) to the inter-day (close - previous close) range. When the inter-day range is less than the intraday range, the Range Indicator will be a high value. This signals an end to the current trend. When the Range Indicator is at a low level, a new trend is about to start.
Syntax
Return Value double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
Parameters
Examples
Source Code You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window. |