How to use the Tick and Price Action Indicator in concert with Value Area for NQ 5 minute
1) Identify the fibonacci extensions based on previous day value area 2) Activate developing VA for the current day 3) Apply the Tick and Price Action Indicator and follow the arrows and colours 4) Enter only if NQ is trading outside of the current day Value Area (see your developing VA for this as outlined in step 2) 5) Use the fibonaccis in step 1 for support/resistance
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.