what is shifted? why? ps. can you post a link to the chart instead of the oversized image? it kinda makes the post difficult to read.
Shifted removes the opening gaps from charts. Jack considers regular trading hours a fractal. Thus, the PV relationship is continuous from the close of today to the open of tomorrow. This allows you to see the pattern(b2b2r2b or r2r2b2r) and channels easier. Here's 2 options... Quote my post and copy/paste the url or download opera browser. In the lower right hand corner, left click the view button and click fit to width.
An incorrectly annotated chart (M), caused by insufficient knowledge and / or negligence, usually yields an incorrect MADA ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2895914>
My recollection is that degapping was firstly introduced by Spydertrader. Only later I've read Jack mentioning it. ...
you are not demonstrating your intellect; you are possessed by a secondary agenda. can you cut to the chase and describe the substance of your thoughts?
ok, thanks for the reply. but i don't understand what you mean. can your illustrate this esoteric b2b2r2b or r2r2b2r pattern on your chart?