Jayza, if you can colour all of your bars black, I would recommend it, especially if you intend to analyse the chart with VSA or Wyckoff in mind.
The chart is colouring the bars as if they are candles (the open in relation to the close), instead of colouring them 'close to close', which how they should be for VSA/Wyckoff. So the colours may confuse your analysis, as I can see at least a few bars that are red (as a downbar should be), but they are actually up bars and would normally be green. (it is possible you can determine the colours differently to what is shown on the chart, so check first, and see if there are other options, otherwise consider changing them all to the same colour (black/blue) to save any confusion I reckon).
Without any other data to look at (a wider view or weekly view), I would draw the lines like this.....which isn't very much different to you.....
cheers
- Forums
- General
- Wyckoff trading method
Wyckoff trading method, page-1654
-
- There are more pages in this discussion • 805 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online