%% Me 2 BUT a big problem is summer time/tick time/bloodsucking ticks/may not pay the same for a week of time....................................................................................[Sell in May/hey, simply can be lazy/snooze =lose with that pattern[ Another problem i have with 5 hour charts \ not really consistant or equal in time Good points+ sitting @ a screen 12 hours/day72 hours a week ,all the timecan be a real killer /health
%% He forgot market opens @ 8;30 central/ or closes @3LOL..................................................
+2 on the tick charts, also watching the depth of market ladder is another great way to achieve what (I think) you’re after, it’s one of the things that makes it so useful (and partially nullifies the whole “why look at the depth of market moron?! It’s all spoofs and icebergs blah blah blah” argument). It’s a good way of displaying the price action, numbers on the levels aside (although those are still useful). edit: and when I say tick charts I don’t mean volume bar charts (which can be useful) I mean charts that display each tick as a little dot. I’ve seen people refer to volume bar charts as tick charts so I just wanted to clarify.
Looks like OP hates Tom Demark and all his work. Or just doesn’t know that the sequential timing system works.
TD Sequential works on all types of charts - including ticks/P&F/Momentum/Kase/Kagi/Range/Renko. I stick with time myself.
Well in ES RTH’s starts at 8:30 chicago time and stops at 3:15 fer abit. Doesn’t matter the TF..5 min...15..min...30 min...60 min... on every traders platform there are 81 five min bars. most all charts basically show the same patterns..it doesn’t matter....bar charts..candle charts...line charts...renko charts... Time matters in the markets (at least according to mr gann). Price moves through the environment of time. There is a time for everything. Ecclesiastes 3:1-8. Read it clarity will come.
There is something like volume charts. Say 1000 contracts. Every 1000 contracts traded a bar will be created. If many bars in a short time, that means brisk trading. I think I used it in Tradestation. But I do not remember now. I busted the tradestation account and I am trading a small account in robinhood with tradingview charts. Hope this helps