Disliked{quote} @zznbrm, please forgive me to coming back to that old stuff (I will delete it if you ask me for). It took some time until I realized what it has to do with influx. I think CP answered it in his dropping egg post. We first need to establish a buy/sell hemisphere. In your charts (cf. here and there)...Ignored
We are used to looking at time-based bar charts where the open is a set time. For example, on a one hour chart each bar begins and ends at the top of the hour (xx:00). The point of the cumulative candles is to go back in time from the present. So, if the current time is 12:15:36....then the "only" 1 hour bar of interest is the past 1 hour. Think of it as the bar that ends at 12:15:36 (and begins at 11:15:36). Then a second later the only 1 hour bar of interest is the one that begins at 11:15:37 and ends at 12:15:37. So, the idea is that the CLOSE of the bar is always set to the current time.
Thinking this way enables one to always be in the present...to only ever be interested in the current data and not history. Now add in multiple timeframe....maybe a 1 hour bar, a 15 minute bar, a 5 minute bar, a 1 minute bar, a 15 second bar....all ending at the current time. Now start calculating the difference between the averages of all ticks that make up each of these bars. What is the average price of the 15 second bar? What is the average price of the 5 minute bar? What is the difference between these averages. Now plot that on a tick chart.
I have no idea about pi, perception, retinal formation, gaussian distribution, normal distribution. That is making things much too complex for my tastes.
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