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ChrisMoody
2015년 1월 30일 오후 4시 44분

CM_NarrowRange_WideRange_Bars_V1 

Gold/U.S. DollarFXCM

설명

Ever heard of NR2, NR3, NR4, NR7 Strategies?

Version 1 of Narrow Range And Wide Range Bars

Link To Rare Book On Technical Price Patterns!!!

More To Come Once I Go Thru Book.

***While I haven’t read the book yet…Skimming Thru it Shows Great Examples of The Statistics Any Technical Trader Should Know Regarding Their Trading Methodology!!!

Link To PDF - Day Trading With Short Term Price Patterns And Opening Range Breakout.
d.pr/f/1fDD5
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cooney_s


pic says enough
profit1234
Chris Moody - I really appreciate your codes. For someone, who's not very well versed with PINE, you are a godsend! Cheers, Akash
ChrisFretwell
God I spent the last week trying to do this exact thing and could not. Thank you
cooney_s


Counter trend Wide Range Bar, fib draw.
ChrisMoody
Thanks for the posts...
cooney_s


...and this is what I mean. I use the Wides for Targets and the Narrows can be used for obvious price action reversal. Candles have been darkened to help highlight just the indicator candles of significance.
cooney_s
My experience has been that Wide Range Bars lend themselves to better trading. Meaning that they signal a heavy move and momentum usually carries through. I simple draw a Fib on the whole candle to measure the whole price action of the respective bar. Gives easy targets.
JRG
Thanks for doing this Chris. You should checkout Thomas Bulkowski site thepatternsite.com/CPIUpdate.html. Maybe this is where Bulkowski obtained the NR-7 idea. Good work you do!
cooney_s
Thanks Chris, great tool! Going straight in the tool box and on the chart.
ChrisMoody
No idea how to use it yet..someone requested it...forgot to give them credit....
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