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Price Change Bar Type

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    Price Change Bar Type

    Has anyone tried to develop Price Change bar type similar to eSignal PC bar type? They clean up much of the noise of tick charts, and give really clean chart patterns, and clean indicator setups.

    With a Price Change bar the price must change values to be counted as one count against the bar total count. So, an 89PC chart will display 89 changes of price, not 89 ticks. This is what gets rid of all the noise. For example, if there were, in order, 3 trades at 9.25, 2 trades at 9.50, and then 7 trades at 9.25 again, then 3 price changes have occurred. Once the selected number of price changes are reached, the current bar is closed, and a new bar is created.

    Has anyone created a new bat type to do that? It is worth the effort.

    #2
    Well, since no one has written one, I wrote it
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      #3
      Thanks for this... I was looking for examples of basic bar developing, and this one seems to be what I was looking for!

      Wasn't sure how to install, so I copied the .cs file to my Custom/Type folder, recompiled, and restarted NT7. Not sure if all that was nessisary, but seems to work now. Hopefully it will "stay" there and work as we move through different releases.

      Very Cool... Thanks!

      Dean.

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        #4
        Originally posted by monpere View Post
        Well, since no one has written one, I wrote it
        I have downloaded this this zip file into NT ... the question is how can I apply this to my charts, I have tried the CUSTOM1-9 and the chart will not accept this or various other commands - Q: what do I type into my chart to bring up this data set? Tks in advance.

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          #5
          Originally posted by Trader8s View Post
          I have downloaded this this zip file into NT ... the question is how can I apply this to my charts, I have tried the CUSTOM1-9 and the chart will not accept this or various other commands - Q: what do I type into my chart to bring up this data set? Tks in advance.

          (PeriodType.Final3)
          RJay
          NinjaTrader Ecosystem Vendor - Innovative Trading Solutions

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