With tick charts I expect to do the following:
One min bars (when the charts jumps over to a new bar) tend to create patterns that look like reversals when in fact there is no reversal.
I'd like to see on which end of the bars are most of the trades located.
With ticks I want to see the trades without the imposition of the bar framework. For example a bar from 920.00 to 920.75 isn't going to tell you that most of the trades were hammering at the 00 level with only 5 trades making up the excursion to .75 and back.
Hopefully I will get faked out less and be able to pick good entry points.
One min bars (when the charts jumps over to a new bar) tend to create patterns that look like reversals when in fact there is no reversal.
I'd like to see on which end of the bars are most of the trades located.
With ticks I want to see the trades without the imposition of the bar framework. For example a bar from 920.00 to 920.75 isn't going to tell you that most of the trades were hammering at the 00 level with only 5 trades making up the excursion to .75 and back.
Hopefully I will get faked out less and be able to pick good entry points.