April 14, 2011
- in Uncategorized by schooloftrade
These are definitely worth considering for your day trading
o All the bars are the same width of range
o 13range = 13 ticks of range
o 13tick = 13 ticks of volume
§ Helps manage risk
§ Cleaner Patterns
§ Removes time from the chart, doesn’t show sideways chop
– PHOD / PLOD (Previous high of day / Previous low of day)
