Article/Author: Omega Research Inc., 1997

Download: GAPLESSBARCHART.ELA

Category: Indicator > Miscellaneous

Description:

The Gapless Bar Chart indicator reconstructs the bar chart using True High and True Low instead of simply high and low. True High is the greater of the current high or the previous bar�s close. True Low is the lesser of the current low or the previous bar�s close.

Usage:

This effectively removes any gaps from the chart.

PLOT1(TRUEHIGH, "TRUEHIGH");

PLOT2(TRUELOW, "TRUELOW");

PLOT3(OPEN, "OPEN");

PLOT4(CLOSE, "CLOSE");