TheRumpledOne wrote:PebbleTrader wrote:"The 1-tick chart is the REAL MARKET. Any other time period
is a conceptual representation of what occurred between 2
points in time." -TRO
Could you elaborate on that?
Bars/candles have open, high, low, close for the time period.
That represents what happened during that time period.
A 1 minute chart has all the ticks that happened during that minute. It could be 1 tick or 1 million. But all you see is the open, high, low and close.
So it is a CONCEPTUAL REPRESENTATION of what happened during that minute.
This means candles are already an indicator by itself. Hence why it is possible to trade without other indicators. LOL