DislikedHi Guys, First of all thank you very much for the valuable info on this thread. I have a question how do you guys identify range bound market? Thank youIgnored
There are many different ways how traders identify range bound market.
Since we are trading with TMS 5-Method, we look at big candles and small candles what Big E taught us.
But Big E removed all the lines of the original TDI except the Green line Price Line PL and the red line Trade Signal Line TSL, this he did to make it simple for himself. When he did this, he unknowingly remove one of the many features of the TDI.
I use the TDI with all the original lines - yellow Market Base Line MBL, the blue band Volatility Band VB
For big candles, I look for Wide Range Bars WRB.
Example below:
What was that extreme WRB I pointed to? What happened that day?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett