TimeBars HLC3

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Time Bars HLC3 - computes the average of the high, low and close of virtual higher time frame bars on a lower time frame chart. For example, on a 2 minute chart you can display a virtual 10 minute version of the average of the high, low and close that updates every 2 minutes, rather than every 10 minutes.

 

When you place any TimeBar indicator on a chart, it must be for a time frame that is a multiple of the base chart frequency.

 

Parameters:

Bar Minutes - size of the computed bars in minutes (must be a multiple of the chart frequency bars)
open,high,low,close,volume,date - these are required parameters which are not to be changed