Please HELP.... charts without a time component

tradeking007yahoo said:
when did that bar start? 9.30 9.30.02 i mean
you can starta 5 min bar whenever you want too and that can make a huge difference
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Time based charts are the same for all standard times 60 minutes and lower.
Higher time-frame charts are different because of different start times.
All 5 minute charts have the same bars. If there's a difference it's because of poor data or a market that's not centralized such as forex. New candles start at the same time.
 
MacroInterest2020 said:
Is it [or would it be] possible to construct charts without time. The markets or markets do not understand time. It is buy or sell, right? Demand and Supply.

If you use point and figure charts or reversal charts wouldn't you capture more of the harmonics of the market? [The market you are trading is like a living organism ( a breathing chest) it your running up stairs it will breather harder and faster than if you are sitting still]

What chart construct would capture this best?

thanks
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Unirenkos, dude. They are like loons. Timeless.


 
Thank You Guys for all the responses... I appreciate it. I am thinking Point and Figure charts are the way to go. [An issue is in Sierra Charts I have heard the have to be reversal charts?] no time component....There P & F incorperate time whereas Reversal bars do not?
 
BKR88 said:
Time based charts are the same for all standard times 60 minutes and lower.
Higher time-frame charts are different because of different start times.
All 5 minute charts have the same bars. If there's a difference it's because of poor data or a market that's not centralized such as forex. New candles start at the same time.
More...
it was this not the post
 
MacroInterest2020 said:
Is it [or would it be] possible to construct charts without time. The markets or markets do not understand time. It is buy or sell, right? Demand and Supply.

If you use point and figure charts....[The market you are trading is like a living organism ( a breathing chest) it your running up stairs it will breather harder and faster than if you are sitting still]

What chart construct would capture this best?

thanks
More...
%%
Sure is.
I never did like point + figure charts;
but the way i ignore time is/sometimes dont mark every month/or every day on my weekly charts.Actually the markets are very much time based,maybe in MAY/SEPT.
So except for superstrong 1st quarter/last quarter in tech + sometimes weak SEPT, safe to ignore time sometimes/i do to............................................................
 
Tick charts are the answer, still, a daily tick chart versus the 5-min will have different ATR (telling your stops), moving average will look different. Taking time out of trading is not possible, no matter how you look at the price action. Just my two cents.
 
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