After trading with technical analysis for sometime, I am wondering why we use values like (Close, Open, High, Low) to calculate the value of a technical indicator. Each value is just one tick value in a period of time.
that is why the value of 9 EMA on 1H chart has different value than 540 EMA (9*60) on 1M chart.
anyone has a good experience with a tick chart?
any thoughts on finding more reliable information to use on technical analysis?
that is why the value of 9 EMA on 1H chart has different value than 540 EMA (9*60) on 1M chart.
anyone has a good experience with a tick chart?
any thoughts on finding more reliable information to use on technical analysis?