Note
Since this indicator uses ticks for the averaging numbers it’s Calculate parameter should be set to ‘On each tick’.
Alerts
- Large bar alert (if Highlight Large Bar is checked)
- Fast bar alert (if Color Panel at fast bars is checked)
Additional info
Syncing ticks per bar
When AT BarTimer is on a Chart with the AT ChartMonitor in “Publish” mode, the ChartMonitor will also publish the average ticks and average seconds per bar if the “Chart” publish button is clicked.
Other charts with the same Instrument and an AT ChartMonitor in “Subscribe” mode will then adjust their chart’s period so that it matches the same average ticks per bar.
This allows you for instance to use a time-based chart and a tick-based chart where the tick-based chart can be time-synced on the click of a button.
Slow bars detection
When AT BarTimer is on a Chart with the AT TradeAssistant, the TradeAssistant will detect slow bars (low trade activity) and display a warning message in its trading panel.
Signals
| Strong Long | When the last bar time is faster than the average bar time and also faster than the Threshold and bullish OR when ‘Highlight Large Bar’ is checked and a bullish bar is larger than double the ATR |
| Weak Long | When the last bar time is faster than the average bar time and also slower than the Threshold and bullish OR the last bar time is slower than the average bar time but faster than the Threshold and bullish |
| None | When the other conditions aren’t valid |
| Weak Short | When the last bar time is faster than the average bar time and also slower than the Threshold and bearish OR the last bar time is slower than the average bar time but faster than the Threshold and bearish |
| Strong Short | When the last bar time is faster than the average bar time and also faster than the Threshold and bearish OR when ‘Highlight Large Bar’ is checked and a bearish bar is larger than double the ATR |
Settings
| Indicator location | The location of the indicator panel in the Chart |
| Indicator vertical offset | The vertical offset to the Chart’s border |
| Indicator horizontal offset | The horizontal offset to the Chart’s border |
| Panel opacity | The opacity of the indicator panel, where 0 is totally transparent and 1 is totally opaque |
| Font | The font settings fot the text in the indicator panel |
| Dim slow bars | Color bars gray that are slower than the threshold |
| Color panel at fast bars | Set the background of the whole panel if the last bar is faster than the threshold. The background is set to green if it was a bullish candle and red if it was bearish |
| Highlight UK and US open | Colors the background of the chart yellow during the last 15 minutes before every hour, and highlights the UK and US open. Automatically adjusts to your timezone |
| Highlight Engulfing | Sets the background color of an engulfing candle to green if it’s bullish and red if it’s bearish |
| Highlight large bar | Sets the background color of large candle (double ATR) to green if it’s bullish and red if it’s bearish |
| Count down | Show the time or number of ticks/volume counting down instead of counting up |
| Show percent | Show the time or number of ticks/volume as a percentage instead of an absolute number |
| Show Average | Show the average number of ticks or minutes |
| Threshold seconds | Set an optional threshold in seconds for the ‘fast’ and ‘slow’ bars features. This normally only makes sense when the Chart period isn’t time-based |
| Show daily ATR, VolMA and range | Enable this to show these daily spec on the top of the indicator panel |
| Show ATR | Enter a period number if you want the ATR value visible, or zero to disable it |
| Show Ticks | Enable this to show the number of ticks and the tick average per bar. This only makes sense when the Chart period isn’t ‘Ticks’ |
| Autoscale chart based on ATR | If enabled the Chart will automatically be scaled based on the daily ATR, so that the candles are ‘normalized’ and small variations don’t look exaggerated |
