If I am using a standard time frame, than I'll see the normal close in addition to some synthetic value...just so I can see what most other traders are seeing.
If I'm using some non-standard form of charting or non-standard time frame, it really doesn't matter what the close is...
Search found 1633 matches
- Tue Nov 12, 2013 10:25 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38993
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- Tue Nov 12, 2013 10:22 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38993
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- Tue Nov 12, 2013 10:20 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38993
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The MIDPOINT is calculated from the high / low. The MEDIAN or 50th Percentile is something completely different from the MIDPOINT. If there are 100 ticks in a 5 minute bar, than you sort those ticks in ascending / descending order, it doesn't matter what time slice they were and than you find the mi...
- Tue Nov 12, 2013 12:33 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
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- Views: 38993
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- Tue Nov 12, 2013 12:30 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
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- Tue Nov 12, 2013 12:03 am
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
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- Views: 38993
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If we are to simplify all the ticks that occur within a data compressed period, such as a OHLC, 4 ticks, or 3 ticks if we say that the O is not necessary. The most clever of all the ticks that occurred is not the C, because it is but an arbitrary price value... The most clever is the median price va...
- Mon Nov 11, 2013 11:59 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
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- Views: 38993
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- Mon Nov 11, 2013 8:20 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38993
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- Mon Nov 11, 2013 8:19 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38993
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- Mon Nov 11, 2013 12:17 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
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MO says body in the direction of profit... What's a body but an arbitrary point in time? A body is literally just ONE TICK, out of how many for that period? If the market is to go higher or lower, than there will have to be sufficient ticks / orders that drive it to new levels... All I'm saying is t...