Home | Trading Alchemy Manual | Alchemy Functions IndexAlchemyWeakRangeBar (Function)AlchemyWeakRangeBar identifies an weak range bar. If the criteria of a weak range bar is met, the AlchemyWeakRangeBar function returns 1, otherwise a -1 will be returned AlchemyWeakRangeBar |
ReturnsIf the criteria of a weak range bar is met, the AlchemyWeakRangeBar function returns 1, otherwise a -1 will be returned UsageA Weak
Range Bar denotes indecision in the Marketplace and is a neutral sign. It
indicators a
possible trend change with a breakout and increased volatility. |