Quote from kiwi_trader:
I use ohlc bars on SierraChart rather than candlesticks but that makes no difference.
You can make bars with constant ticks, volume, range or time. A good choice of these things shows momentum very clearly without need for a ladder and some of the faking that takes place there. Not saying a ladder isnt valid ... just that bar or candlestick charts are also excellent ways of reading and responding to momentum and that you've made the typical ET mistake of thinking that if you've found one way the other ways are worse or don't work at all.
My smallest tick charts take between 120 and 6 seconds to form a bar depending on whats happening.
That's wonderful.
I always wish to change the teimframe of my candlestick down to seconds. I use Metastock and it seems Metastock doesn't offer this great feature.
Some ideas sounds nice too - define by ticks or volume.
Is it true that only SierraChart can do so? If not, any software which can do the same?
Thank you.