R=high-low
X=(open-low)/R
Y=(close-low)/R
scatter plot (x,y)
data from the 1 minute charts of EURUSD EURJPY AUDUSD AUDJPY EURAUD USDJPY
611,446 data points
Higher time frame charts result in the same structure, but lack of data makes it not as clear as the smaller Tfs.
The interesting part to...