TheRumpledOne wrote:Leoheart wrote:TheRumpledOne wrote:

TRO002.png

Ratio equation:

HighVal = iHigh(rSymbol,rPeriod,i);

LowVal = iLow(rSymbol,rPeriod,i);

open = iOpen(rSymbol,rPeriod,i);

xRange = HighVal - LowVal ;

tRange = 100 * ( HighVal - open ) / xRange ;

This is the ratio of (high - open) / (high - low). Buyers winning when > 50. Seller winning when < 50.

Range equation:

HighVal = iHigh(rSymbol,rPeriod,ii);

LowVal = iLow(rSymbol,rPeriod,ii);

xRange = HighVal - LowVal ; // range

tRange = xRange / point; // range

That is range from high to low.

In both indicators, the stats displayed are the tRange values.

Thanks Tro, I may be over thinking this but what does the attached mean?

Out of the last 168 bars, 12 bars had a ratio between 30 and 39. 12 represents 6.06 % of the bars

Ok cool, got it. Thank you Buddy.