Hello,
Does anyone have a chart that calculates the number of bars in a range?
For example, if we were looking at a 5 min chart and the market goes into a consolidation range, with overlapping value areas, what is the Mean number of bars before we see a breakout of the range? Also when this range is broken, how can I filter ticks/prices to establish a true break out from a false breakout? How can I calculate the mean distance from the previous range?

OR

If we were looking at a daily chart that has a Swing High and a Swing Low, what is the mean number of bars before the market makes a directional move? And what is the distance of that move?

Any help or guidance on making a chart that has this function would be greatly appreciated.