{"id":278,"date":"2014-09-19T05:16:41","date_gmt":"2014-09-19T10:16:41","guid":{"rendered":"http:\/\/www.amibroker.com\/kb\/?p=278"},"modified":"2014-12-04T04:57:47","modified_gmt":"2014-12-04T09:57:47","slug":"how-to-display-range-bars","status":"publish","type":"post","link":"https:\/\/www.amibroker.com\/wordpress\/kb\/2014\/09\/19\/how-to-display-range-bars\/","title":{"rendered":"How to display Range Bars"},"content":{"rendered":"

AmiBroker fully supports range-bar type of charting and the bar size is based on the TickSize<\/strong> of given symbol. This allows to define symbol-specific tick sizes individually, them display a chart which for example shows 10R bars (meaning bars using a range of 10-ticks for each symbol respectively).<\/p>

To display range charts, first you need to specify the TickSize<\/strong> in the Symbol–>Information<\/strong> window. <\/p>

$\"Information$ <\/p>

This can be done manually as shown above, however in case of larger group of symbols it is also possible to use ASCII Importer<\/strong> for this purpose (more details about ASCII imports can be found here: http:\/\/www.amibroker.com\/guide\/d_ascii.html<\/a>).<\/p>

Once TickSize<\/strong> has been defined, then in order to display chosen range chart, the easiest way is to use Interval<\/strong> box in the toolbar and just type-in the desired bar size. For example, to select the range bar of 10-ticks, one can type-in 10R in the toolbar:<\/p>

$\"Range$ <\/p>

Custom range intervals can also be defined in Tools–>Preferences<\/strong>, Intraday<\/strong> tab:<\/p>

$\"Preferences$ <\/p>

Then the pre-defined interval can be selected from View->Intraday<\/strong> menu.<\/p>

It is worth noting that for best results, your database should use Tick<\/strong> as Base Time Interval<\/strong>, as then each trade is represented by an individual record in the database and can be consistently compressed to range bars. Using higher-interval data (such as 1-minute) may produce bars that are not perfect, especially if 1-minute bar high-low difference is comparable with selected range.<\/p>","protected":false},"excerpt":{"rendered":"