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Board index » Molanis Technical Indicator Builder for MT4 » Indicators and Custom Indicators for MT4

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metapro
 Post subject: Current True Range?
PostPosted: Sun May 22, 2011 12:31 pm 
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Joined: Sun Apr 03, 2011 12:35 pm
Posts: 11
Hey,

I wanted to make an indicator showing the CTR:

MathMax(High[i]-Low[i],High[i]-Close[i+1],Close[i+1]-Low[i])

Unfortunately, the indicator builder doesn't allow me to use this calculation. Any ideas?
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molanisfx
 Post subject: Re: Current True Range?
PostPosted: Sun May 22, 2011 9:23 pm 
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Joined: Tue Dec 22, 2009 12:22 am
Posts: 1761
You cannot use i+1 to refer to a bar. It starts at i and move to i-1,i-2, etc
i is current, i+1 is not correct.
You can rewrite your equation to make it work.
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