Saturday, September 29, 2018
Tuesday, September 25, 2018
Monday, September 24, 2018
Tuesday, August 28, 2018
Inside Bar
What Is Inside The Inside Bar?
Our testing revealed that wide range inside bars (with range more
than 75% of the range of the preceding bars) out-performed our
benchmark by the largest margin. These are bars that barely make
it as inside bars and represent only a slight contraction.
We also found that inside bars that closed in our trade direction
seems to have an edge. Inside bars that support our trades did
considerably better than inside bars that did not.
The other two factors open-to-close spread and volume did not
show significant improvement.
We focused on wide range inside bars that closed in the direction
of our trade.
The results are encouraging. Most of the futures contacts show
an improvement of over 8%. This is a significant edge in the
competitive field of day trading. Of course, I must emphasis the
naive and simplistic assumptions we made. This includes the 1:1
risk to reward ratio and using the 20-period EMA as a trend filter.
Our results are not meant to be used in isolation as a complete
trading system. However, this is a good start to understand more
about inside bars that occur in day trading time frames.
Our testing revealed that wide range inside bars (with range more
than 75% of the range of the preceding bars) out-performed our
benchmark by the largest margin. These are bars that barely make
it as inside bars and represent only a slight contraction.
We also found that inside bars that closed in our trade direction
seems to have an edge. Inside bars that support our trades did
considerably better than inside bars that did not.
The other two factors open-to-close spread and volume did not
show significant improvement.
We focused on wide range inside bars that closed in the direction
of our trade.
The results are encouraging. Most of the futures contacts show
an improvement of over 8%. This is a significant edge in the
competitive field of day trading. Of course, I must emphasis the
naive and simplistic assumptions we made. This includes the 1:1
risk to reward ratio and using the 20-period EMA as a trend filter.
Our results are not meant to be used in isolation as a complete
trading system. However, this is a good start to understand more
about inside bars that occur in day trading time frames.
Relative Volume of Inside Bar
Relative Volume of Inside Bar
Our hypothesis is this: High volume inside bars contain more
activity which leads to stronger breakouts. “High” is relative, so we
compared the volume of the inside bar to that of its preceding bar.
In our testing, inside bars with volume higher than 75% of the
volume of the preceding bar are considered high volume inside
bars. Inside bars with volume lower than 25% of the volume of
the preceding bar are considered low volume inside bars.
Our hypothesis is this: High volume inside bars contain more
activity which leads to stronger breakouts. “High” is relative, so we
compared the volume of the inside bar to that of its preceding bar.
In our testing, inside bars with volume higher than 75% of the
volume of the preceding bar are considered high volume inside
bars. Inside bars with volume lower than 25% of the volume of
the preceding bar are considered low volume inside bars.
Tuesday, April 03, 2018
10 TYPES OF CHARTS
Types of Price Charts
CHART PROVIDER
MNY BROKERAGE COMPANY GIVES CHART FOR TRADING IN FREE OF COST SO WE CAN OPEN ACCOUNT UNDER ANY SUB BROKERS TO ACCESS LIVE CHARTS WE CAN ACCESS DIFFERENT KINDS OF CHART PATTRENS MOST USE CHART AND MANY PROFESSIONAL TRADERS USING CHARTS ARE CANDLE STICK PATTRENS ,RENKO CHARTS, HEKKINASHI CHARTS
TRADING TIME FRAME
Do you trade with the 5-minute chart? Or the daily chart? But why are we constrained by time bases?Are there other ways to visualise price data? Do they offer valuable perspectives? you can use 15 min ,30 min ,hourly charts for intrady trading,longer time frame gives you more accuracy
(Beware. They might turn your trading perspective upside down.)
For easy comparison, we are using the same two trading sessions as
examples for each chart type. One chart shows a clear trend while
the other will shows a trading range.
1. Line Chart
it shows only line on the graphs you can watch high and low of charts it is ver simple chart to understand the market is high or low
2. Bar Chart
shows only bars on chartwatch high and low of charts it is ver simple chart to understand the market is high or low
3. Candlestick Chart
candle shows vwer clear view in chart it gives you perfect entrys in trading
4. Volume Chart the volume chart shows volume on candle it shows hgh volume candle and low volume candles
5. Tick Chart6. Range Bar Chart
7. Point & Figure Chart
8. Renko Chart
renko charts are using only invest ment processes not for daytradng
10. Three-Line Break Chart
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