MightyOne wrote: It is not the same, the small charts are much too sensitive for the HLC method; imagine price reversing over a line every 30 minutes
If you sat there plotting HL using a 1 minute chart then there would be no need for HLC, but is that what you want to with your day, sit there watching 4 or 5 one minute charts?
Even at the H1 level you are checking your charts for no reason, 5% of the weekly range is just too large of a move for an H1 chart.
You don't need perfectly accurate P&F charts, that is just the regurgitated belief of an anal person, you only need to see how you won or lost when you look down at your charts.
Trading doesn't have to be a job, you can update four or five H4 charts and place orders in six or eight 10 minute sessions.
Ok i get it
salezyakuku wrote:Eights4v - Manual price entry in indicator settings
Eights6v - Move line version
If you use 6v version there are essentially two ways how entry price can be changed:
1. move line 0.
2. edit 0 line price in Horizontal line properties.
Move line version using Global Variables. You can delete any currency price entry from Tools/Global Variables (eg. when price spike up and indi disappear 1000 lines above/below aka Brexit After reload indicator 0 line will apear at DOpen.
I also received some PMs that indi don't work. Downloading both 6v files, renaming to 7v helped .
Thank you salez that helped
So im trying to draw the 4H H/L P&F and the H/L +close
On the H/L when i come to a candle like candle A here:
Looking at this candle moving both above and below how would you mark it up MO?
Maybe it is because i have not made my box size 5% of the median range.