Close price as up or down bar

[murray t turtle]

If SPY closed at 448 yesterday and closed at 454 today, I need 6 shown as an up bar. If SPY closes at 452 tomorrow, then the chart should show 2 as a down bar tomorrow.
I am not able to get like this anywhere.

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SPY close @448.7 is a down[red] bar/candle close to close[2-4-2022] since its bouncing off 200dma say close again @453.63 [again]up blue or green candle ,bar. NOT a prediction.
So close to close in your example would be a blue or green up bar/candle [colors i use.
Open price to open or close is a whole different matter; wisdom is profitable to direct[ Sounds like you did what i did meant to buy DDM +accidently got DXD, so cut a loss + got in DIA related/LOL]
Trendline$ are whole different subject.
Thanks

 

[emulimu]

Sorry that was a typo on my part.

Should read: Today's open and close diff more important than yesterday's close and today's close diff.

Even for options - I actually learned that from a Tom DeMark options trading book. He calls it TD Camoflauge.

It depends on the strategy. Option buyers are interested in trends, option sellers are interested in mean reversions.

 

[murray t turtle]

It depends on the strategy. Option buyers are interested in trends, option sellers are interested in mean reversions.

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Same way with trend folloWers+ Donchian channelers. I some times round down[record data like] op\ $448.700 to $448, unless i bought @448.48/

 

[emulimu]

Don’t look down on anyone
Don’t look up to anyone
You will see things as they are…

Quote from someone who I look up to

 

[murray t turtle]

Don’t look down on anyone
Don’t look up to anyone
You will see things as they are…

Quote from someone who I look up to

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THAT's the good thing about my childhood/got to look up to most anyone