Quote from romanus:
I only stated what I saw on that pic.
However, I never claimed to understand fully the "Sesame Street" post, if that's what you're referring to with respect to tape vs traverse level change.
![]()
Romanus,
Not sure about the "Sesame Street" post, I was referring to this spydertrader post:
Phineas,
-----
Spydertrader 07-24-08 08:29 PM
... However, Decreased Volatility with Increased Volume only requires two bars to create its signal. Since we create 'tapes' out of two adjacent bars, this signal for change occurs on the 'tape' level. The other three require three bars and as such form on a Traverse level or higher.
- Spydertrader
However, I never claimed to understand fully the "Sesame Street" post, if that's what you're referring to with respect to tape vs traverse level change.