Just took a look at this 7 Tick Range Bar - another Range Condition. This happens more than most traders realize. Trading in a Range Condition - can be very Profitable - if you know how to trade it and you do NOT need any special Indicator or Algo.
How do you Avoid Chop without missing the break (intraday)?
- Thread starter zghorner
- Start date
You don't need bars or indicators.
If not bars or indicators, then what?
The ....... chart works best without bars and indicators.
It seems like and endless discussion on all these forums, and each to his or her own i quess.
Charts are just visual aids which slice and dice price, time and/or volume/orders in various ways. That's it. It is really the same discussion if a histogram is better or a frequency table.
I only use a chart for a quick view, but numbers itself are just a lot easier to analyse and slice and dice to your own liking. Some statistics are just difficult to plot graphically
Charts are just visual aids which slice and dice price, time and/or volume/orders in various ways. That's it. It is really the same discussion if a histogram is better or a frequency table.
I only use a chart for a quick view, but numbers itself are just a lot easier to analyse and slice and dice to your own liking. Some statistics are just difficult to plot graphically
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I'm not sure I follow. Exactly what "bars" are you referring to? The bar that @ironchef was referring to was in response to the following post:
There are 3 bars shown before your entry. How are we supposed to see "chop" before your entry with that? What is "chopped" is your price scaling of candles - a whole lotta empty space (showing nothing) squeezing the bars. Why?
I don't use them. Do I need them? Probably yes.
ok i will bite
what do you use then?
that question as begging to be asked.
in this business of trading, it better you understand what it is, that you are using and doing. do you?
i am not insulting you i am trying to help you.
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