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Formula 201- #16 Multi Time Frame Inside Bars
This formula indicator example show how to conduct multiple time frame statistic research, with printed format result output to report window.
Formula indicator Example Formula Research 00005 collects statistic on daily and weekly level. It output to report window number and percentage of inside daily and weekly bars. These results will show if there are any consistent behavior between weekly and daily. There is one plot for this indicator which return difference between current week high low. There is no parameter for this indicator.
The formula indicator is available for download at the link below. I have also attached an example export group file (group name Multi Time Frame Inside Bar) that has a chart and a report window.
Example Group
Note: when running this indicator a report window with name myreport is required to see printed result.
Download Files