Why do people use Volume, Range and Tic charts?

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Quote from brownsfan019:

JJ - I noticed that the Open ECry charting as a Momentum Oscillator but it mainly hovers around 100, not 1 like yours. Do you know if this is the same with a different number scale?

Example from this morning:

73ddufb.png



How would you interpret that, if at all? This could be something completely different for all I know.
Your Momentum Oscillator is the actual Oscillator, mine is a Histogram derived from the relationship of the Oscillator to the Zero Line.
***
Another great day today Prof. The downside bias was obvious and more than enough opportunities were presented to make money.

Good trading,

Jimmy Jam
 
Quote from version77:

I know it's a gradient blend but how did you get what looks like
16 different blends that go slowly from dark grey to black on the price part of
the chart?

Since JJ didn't give an answer I will assume he needs a new monitor...:p
 
Quote from version77:

Since JJ didn't give an answer I will assume he needs a new monitor...:p
No, I didn't give an answer becasue I don't have one for you. Backgrounds are fine, but the only thing I'm really concerned with is price action ... and as an intra-day trader, so should you be too.

Rediculous number of opportunites today, on a day when some traders said price action was too choppy.

Good trading,

JJ
 
Quote from JimmyJam:

Rediculous number of opportunites today, on a day when some traders said price action was too choppy.

Good trading,

JJ
Here's one for you Surf.

Here's a 5 minute chart ...
 

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Quote from JimmyJam:

Here's a 5 minute chart ...
... and here's the same time period with the chart segmented by 2401 Constant Volume bars, along with the appropriately marked LH Sell Signals.

Now, you tell me, which one is easier to trade ... hmmm? :confused: :D :p

Good trading,

JJ
 

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Quote from JimmyJam:

No, I didn't give an answer becasue I don't have one for you. Backgrounds are fine, but the only thing I'm really concerned with is price action ... and as an intra-day trader, so should you be too.

JJ, I am concerned. I just wish I could get my QT chart to look like
yours does. All I get is black slowly fading to grey without the "ribbed"
look you have on your chart.

Good trading on Thursday...:)
 
Quote from JimmyJam:

... and here's the same time period with the chart segmented by 2401 Constant Volume bars, along with the appropriately marked LH Sell Signals.

Now, you tell me, which one is easier to trade ... hmmm? :confused: :D :p

Good trading,

JJ

"Seeing it is simple . . . believing it takes practice!"
 
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