Kreslik.com - forex traders community since 2006

Now that I'm looking at it, I think sweetspots can be used as a Renko chart. Each line is a box. This way, you don't really need the actual EA on MT4/5. If price can break and close above/below a line then it's a complete renko candle. I agree! I “see” it too. Also, similar to the baccarat idea, in...

I get it. That's exactly why I use the largest intraday interval and the shortest block of time required to make trades: If I check the charts every 30 minutes (which I don't) and spend no more than 5 minutes in front of the charts then it will cost me 4 hours of my time. If you have to sit in fron...

D2 is the combined range of two days, paired two by two from the beginning of the month until the end. The timing of what? Got it, and by "timing" I'm referring to the screen time. I find it easier to divide my day trading day into the six - 4hr candles. With focus on the 1am - 5am NY tim...

The great thing about simplicity is that you know when you've found it; there's no resistance, just free-flowing thought. "Out" is not "up" or "down": If you simply look at the chart then you can see the 'in', the 'out', the lower lows, and the lower highs; are you tra...

D2 Extremes D2X_UP_DN_IN_OT.png It's really all in our heads. Seeking a solution to what we assume is the problem. After a few days of digesting the up-down-in-out, I can see the simplicity in it. I opted for my up-down line being the middle of the ranges (still in the works). I think the biggest i...

Cool, thank you Igazi!

IgazI wrote: What is:
UP? DOWN? IN? OUT?
Ask the right questions, get the right answers.

Okay, here’s what I understood. Can you review and let me know if I’m speaking the same language

What is: UP? DOWN? IN? OUT? Ask the right questions, get the right answers. Bullish Scenario Up = Ranges Below Out = Price fails to close higher In = ??? You are outsmarting yourself. . . price is "up" when: - it is above something. - when closes collect at the high end of a range. - when...

This is what I’m referring to

IgazI's line chart bar is definitely half the size of this pure line chart. long line.png Now that we're talking about charting, I want to revisit the other candlestick. Heikin Ashi, renko, range. Let's see... Well then allow me to show you even more space-saving magic: - To the left you have the n...