eSignal high low over time period
Is there an easy way to draw lines that show what the high and low are over the last 1 hour of trading?
Yes, just use Donchian Channels. They are on the Basic Studies menu when you right click on an advanced chart.
If you have a 5 minute chart then set the Length to 12 (60 min / 5 min = 12 bars per hour) and a Length of 60 will work on a 1 minute chart etc.
The Donchian Study shows you the high/low (and midpoint line if you want) over the last X number of bars so will also work on Volume and Tick charts although you would obviously not be able to set it at a time interval then - you could only use number of bars then.
Let me know if this is what you are looking for...
If you have a 5 minute chart then set the Length to 12 (60 min / 5 min = 12 bars per hour) and a Length of 60 will work on a 1 minute chart etc.
The Donchian Study shows you the high/low (and midpoint line if you want) over the last X number of bars so will also work on Volume and Tick charts although you would obviously not be able to set it at a time interval then - you could only use number of bars then.
Let me know if this is what you are looking for...
Emini Day Trading /
Daily Notes /
Forecast /
Economic Events /
Search /
Terms and Conditions /
Disclaimer /
Books /
Online Books /
Site Map /
Contact /
Privacy Policy /
Links /
About /
Day Trading Forum /
Investment Calculators /
Pivot Point Calculator /
Market Profile Generator /
Fibonacci Calculator /
Mailing List /
Advertise Here /
Articles /
Financial Terms /
Brokers /
Software /
Holidays /
Stock Split Calendar /
Mortgage Calculator /
Donate
Copyright © 2004-2023, MyPivots. All rights reserved.
Copyright © 2004-2023, MyPivots. All rights reserved.