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CL 1 and 5 minute trend way better lately than 15, 30, 60 minute charts. Trend has been down since Oct 20th - here's the 1 minute showing 3 possible trades defined as close below the low of high close bar. Note the first example ignores the first two highs which were just extended wicks. I put...

Try GoFackMe.

I don't personally, but there are plenty of TradeStation clients using automated MTF strats. No doubt other platforms as well. But as always if tick level data is not used for testing assumptions are made of where fills happen. Which is never a good thing.

As I said close of candle#10. The prior 9 candles were stagnating/hesitating/whatnot. Of course price could have broken to the upside, but probabilities were on the side of the shorts at that point. But IMO waiting for bar# 10 low to be taken out is to use your expression ... giving up too much...

If you just look specifically at candle-bodies, which I've gotten in the habit of over the years, #10 closed below all the prior candles which was very bearish.

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Ok. Then I definitely can't comment on pseudo bars. Only the real deal for me. Price may or may not have traded there in that time/space. But here is what I did spot on 1 minute chart for that day:-

Can't locate it - looked at up to 1 hour bars. So no comment on my part.

:) I meant when specifically do those bars cover? Also are those one minute, 5 minute bars, etc?

What symbol (CL?), timeframe and day? Basic to include when posting a chart pic while asking for comments.

Why are you so bitter?

A poster from way back in 2003 acrary mentioned a minimum of 100 trades and putting that into 1/(sqrt(# trades)) = a standard error of 10% which would be acceptable.

Guess Rams' Fan is not the only Brooks disciple not trading on a 5 minute chart. No law against it haha, but what's the point of learning a method, then doing your own thing.

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Brooks-Speak "Now, if you wanted to, you could have exited short and gone long,...."

Thank you. Prior to this post I had 17 responses in this topic. You had 20. Troll much? And have a good weekend on the other side of the world. :) And get some thick(er) skin. All just opinion.

Chart didn't make the post. Who knows, maybe it trends flat to down into next end of week opsexp? But here is a weekly chart showing many examples of consolidation for a few weeks only to be followed by trend continuation (though there are two reversals in the bunch). Doesn't mean that is what...

So no you won't do a search to confirm your opinion. But ego has nothing to do with it?

Nahhh. I stated what it is doing, not what I think it should be doing.