Wyckoff trading method, page-1654

  1. 16,642 Posts.
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    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.....

    Jayza 310317.png

    cheers
    Last edited by Jako8557: 31/03/17
 
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