Changing my charts today for ââ¬ÅRoll-over Dayââ¬Â prompts a question Iââ¬â¢ve had for some time. I remember reading in a previous post and in a previous journal the stated importance of using bar charts for this methodology. Using the search function, the only explicit reason I could find was something to the effect that candlestick charts gave ââ¬Åtoo much informationââ¬Â. Having been a long-time user of candlestick charts, Iââ¬â¢m hoping someone could expound on the benefit of using bars verses candlesticks.
Thank you for any insight on the topic!
- river