Forex Software — New Indicators - Bar Range Oscillator and Drawn

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (footon) — Wed, 05 Jun 2013 10:49:34 +0000

ahmedalhoseny wrote:

Hello Krog and footon
Where is the Bar Range Osc
Regards

I got no idea... Maybe in Krog's recycle bin.

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (ahmedalhoseny) — Wed, 05 Jun 2013 10:43:04 +0000

Hello Krog and footon

Where is the Bar Range Osc

Regards

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (acharyadas) — Tue, 15 Jun 2010 21:04:23 +0000

Thanks!

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (krog) — Mon, 10 May 2010 19:07:58 +0000

Thanks for noting a problem. I didn't test it out much with many of the other indicators, so I am sure there will be several strange results or indicators it does not work with.
As for using the Open with Bar Range Bands, it is very possible it is not a useful case. For example, you know the Opens when you backtest, so BRB may give some signals; however, in the real world, it would not work because the Open is not known until it happens.

I'd like to see your problem to verify it's not the indicator as I have coded it. Could you post your strategy? Then I'll be able to take a look at it and give some feedback.

How to post strategy:
1. Create a strategy that produces the strange results.
2. Save new strategy as "BRB_strange_results".
3. Go to your install folder, probably something like "C:\Program Files\Forex Strategy Builder\Strategies"
4. Copy "BRB_strange_results.xml" to your desktop (or somewhere easy to find)
5. Submit a comment
6. Edit your comment
7. Look for "Attachments" field, next to it click "Browse..." button
8. Find and select "BRB_strange_results.xml"
9. Click "Add file" button

Then, I'll be able to run your strategy and investigate the strange results. It would help a lot too if you could describe the strange results, then I will know what to look for.

Thanks !!

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (Acic) — Sat, 08 May 2010 16:09:53 +0000

Im getting some strange results when i use the BarRangeBands.cs with another indicator.
Like when we choose the "Opening Point": "BAR OPENING"

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (krog) — Sun, 11 Apr 2010 21:03:36 +0000

Removing this indicator -- does not work properly.

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (krog) — Thu, 25 Mar 2010 17:58:50 +0000

Thanks for pointing that out -- I think I've got it fixed, I've reattached the zip to the first post with an updated file for that indicator.

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (jaimegue) — Thu, 25 Mar 2010 08:27:03 +0000

Hello:

I see error in indicator.

Thank you very much, Jaime.

Re: New Indicators - Bar Range Oscillator and Drawn

null@example.com (krog) — Wed, 24 Mar 2010 23:22:47 +0000

Bar Range Drawn - does not affect entry or exiting, only for visualization. For entry/exiting, use FSB's Bar Range. Or if you have an idea of how to make use it, feel free to post; I'm sure it has more potential than what I've done with it.

Bar Range Oscillator - allows for rising, falling, and higher or lower than the level line.
Within the lookback period, if the bar hits/pushes the upper range, it's added to the up count. If it hits/pushes the lower range, it's added to the down count.

Histogram = (count of bars moving range up) - (count of bars moving range down)

Possible Interpretations:
Ex 1: Bar Range rises, and Bar Range Oscillator rises: price is breaking upwards out of a range

Ex 2: Bar Range rises, and Bar Range Oscillator rises: price is breaking downwards out of a range

Ex 3: Bar Range falls, and Bar Range Oscillator falls: price is failing to make new highs, uptrend could be running out

Ex 4: Bar Range stays mostly the same, and Bar Range Oscillator remains high: uptrend continuing with new highs being made

There may be other interpretations; feel free to comment, these are only my humble guesses. I hope you find these indicators helpful.

New Indicators - Bar Range Oscillator and Drawn

null@example.com (krog) — Wed, 24 Mar 2010 23:05:41 +0000

Removing this indicator -- does not work properly.