My entry was based on AMR+ (Average Range Levels indicator) & +Manipulation from OHLC Statistical Mapping indicator target was as always opposing manipulation :)
Here is an example of how to determine Bias for the day, or the open. Using the Open and Low or Open and High of the Daily candle in conjunction with the midnight opening price, we can easily determine Bias for the day, or for placing orders during the NY open. This example is shown on CL (Oil Futures) for a LONG BIAS. Just reverse for Short Bias. ( I mistakenly...
Open Monday's Opening Price High The highest price at which the stock traded during the entire week Low The lowest price at which the stock traded during the entire week Close The closing price on Sunday Number of Candles 52 candles for the entire year
Each trading day has four data points (OHLC): 1. Open (O) 2. High (H) 3. Low (L) 4. Close (C) Below are some of the chart types: 1. Line chart 2. Bar Chart 3. Japanese Candlestick The Line and Bar chart 1. The Line and Bar chart 2. Uses only one data point to form the chart 3. A line chart is formed by plotting a stock’s closing prices or...
You can use this method to download data for the chart and associated indicators on to a csv file which can then be opened in Excel. Post that, you can use any of the Excel tools to do backtest on the data that has been provided.