I am searching a tool, that is doing exactly, what you can see in the screenshot:
there is an outside bar, and the following range is marked as a half transparent rectancle in background for the zone of the following inside bars until an new outside bar is breaking this szenario by closing.
The upper and down zone are exactly beginning at the both left corners from the high and low of the outside bar left from the inside bar(s).
Is there an outside bar after an outside bar, then no rectangle will we drawn.
So in the result the indicator is drawing only by "bar closed modus".
The rectancle from an not broken inside bar range is including the actually bar, that is not finished yet, with its right side.
An actually inside bar range can be finished by two ways: with an new outside bar in direction of the trend or in other direction with closing the candle outside this inside bar range. Only closed (finished) bars are deciding, if this is the end of the inside bar range or not. Spikes - highs or lows - are not part of this deciding process.
I hope, that all informations are completly now
Can someone programming this indicator in a stable version for NT8?
Thanks a lot!
Best regards,
Rainbowtrader
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