no it is random color, just clicked 6.75 points on nq with 5 lot in the blink of the eye, no thoughts, just because the bar was red.
If you got in short at 4797-ish using your indicator (where you circled on the chart), I got in at 4803 without using any indicator. What say you to that?
I didn't get in short, at all today. Long and strong with the trend. Just illustration for the indi rockthrowers. Not naming names cough, cough.
Something to look at if you want. I use this on my local market but looks good on you main index too. Use range bars on the index that the futures cover and use the futures to trade it. Have attached a grab of spx.
Market internals are key. That is cumulative $TICK, the heartbeat of the indexes. Good even for stonks.