Analysis Techniques & Strategies

Gapless Bar Chart (Indicator)

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image\gapless_bar_chart.gif

Input Information

There are no inputs for this indicator.

Market Synopsis

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. This effectively removes any gaps from the chart.

Plot Information

Plot Number Plot Name Default Color Description
Plot1 TrueHigh Cyan Plots the True High as a Bar High.
Plot2 TrueLow Cyan Plots the True Low as a Bar Low.
Plot3 Open Cyan Plots the Open as a Left Tick.
Plot4 Close Cyan Plots the Close as a Right Tick.

When applied to a chart, this indicator displays the four plots, as bars, in the same subgraph as the price data.

Related Functions

TrueHigh

TrueLow