1 Min Charts, any use of them at all???!!

ES

 

The 1 min bar chart is too large- granularity wise. Try using 30 second bar charts! Thats real long term investing. One minute bars make shapes that are too close to the 3 minute chart.

 

Where do you get 30 second bars?

 

In esignal you can make time bars, tick bars and volume bars with user defined subminute intervals.

 

Okay.

I need to give them a call. I have use them before ... about 3 years ago.

I can see where the smaller time frame makes a difference.

 

Thanks for all the replies everyone.

I tried one of the things that was suggested here and it is working out well so far. That being going by the new highs being higher than previous and the new lows being lower than previous.

Any thought on that? any better suggestion??

 

Medved's QuoteTracker will do this also...

 

I use 1-min candlesticks for daytrading, 15 mins for swingtrading ..

Tip: If, like me, you just focus on trading open range breakouts in the first 2 hours of the day, try setting one large full-monitor advanced or other chart to just display candles from 8am til 11:30am.

This provides a closeup view that's much easier to see, than displaying 1-min candles in a 8am-4pm chart.

And note, it's critical to show premkt candles, this is one thing I really like about esignal (example, AMZN gap+ etc today, easy to see patterns in)


ken

 

15 second and 30 second bars also ?

 

You can do "second" charts with eSignal. just put in 30s or 5s or whatever as the time period.

ROCK