Does anybody know, if I can use RANGE BARS in Jforex and if so, How?
Also, in the DEMO platform on Jforex I can not find Range Bars anywhere. Anybody any ideas?

thanks in advance

Hi,

Range bars chart display is available in Jforex platform, you can set up your range bar charts from:
Tools > preferences > Period tab > activate "Price based periods" > set up your range bars

In Visual Jforex it is not ready-to-use feature but it has to be programmed. It is possible to build it but bear in mind that once such price based candles are made you have to recalculate any indicator from scratch based on the new candle data. Any of the indicator blocks available in VJforex will be useless as it is implemented on time based candles. Also, the option to have a look back to the previous range bar candles (shift value) is not possible as the strategy is building the bars starting from the moment when it is launched. This would complicate the strategy consequently and I wouldn't recommend such way only if the idea is simple.

Please find attached an example of tick bar calculation FYI. Review it and let me know your questions if any;
Cheers

Hello there,

I am trying to start a new strategy based on ticks...

How can I enable the indicators to use a period of ticks (or several) and not 1m 5m etc

I have reviewed the file included in your post and as a mere novice I feel very confused....

Is this how I should begin my strategy?

Your help will be much appriciated

Hi,

The example posted in my previous post is about how to build candles based on certain number of ticks. Concretely it retrieves the Open High Low and close prices every 33 ticks.
Building indicators on such data is not impossible but it is very complicated as you need to forget about the indicaotr block itself and calculate the output(s) of the given indicator based on its inputs. This quite complex and if it is important for you to work on price based chart (instead of time) I recommend you to request the help of a programmer that will code this using Java.

Cheers

Ok thanks for your help

Hey Amine , is there any indication that the Jforex Visual team will be working on implementing tick and range candles?

Hello Amine Hope you are well,

I have another question I feel may end up in the complicated to do category lol

All my indicators are moving averages...and I would like to be able to change them

Have the MaType option for each one....would this also require building the indicators from scratch?

Thannnnks

Hi all;



Well, this is not planned yet and if so, it is not the first priority. I don't expect this for the next 6 months.

Cheers

I'm not sure I fully got it ... What changes exactly do you wawnt to implement for the MAs ?
The MaType is a setting that allow the user to select the needed MA (SMA, EMA, MAMA, etc ...)

Please advice ..

I have 3 indicator blocks....which are 3 different moving averages...which I call Long, Mid and Short but once I compile the strategy...I am stuck with the 3 averages I have chosen in VJF...I would like each average... Long, Mid and Short to be able to be changed to any Type of average....an MAtype Option....So then I can experiment with different variations

Thankkks

I see,

Why don't you use simply one indicator: Bollinger bands that implements aleady 3 kinds of linear indicators smoothed with the needed MA (predefined)

Genius...