Support Board
Date/Time: Tue, 26 Nov 2024 10:21:55 +0000
Post From: For Reversal Bars - identifying the UP bar and the DOWN bar
| [2023-01-30 04:16:11] |
| deltaFlow - Posts: 12 |
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For a point & figure chart (on which reversal charts are based) the UP bar is indicated by a sequence of letter "X" and the DOWN bar by a sequence of letter "O". Therefore, on a P&F chart it is easy to see the kind of bar by just looking at the bar itself? However, this is not the case with reversal bars when applied to candlesticks or Numbers bars. It's very hard to visualize the reversal direction when adjacent bars do not exceed the reversal amount by much and the user has lost track of which bar was what. I use reversal bars in the Numbers (footprint) study. Is there any way to graphically indicate whether the current bar is an UP bar or DOWN bar? |