Weekly Control Candles
Yes, since by my definition, it is a Weekly Control Candle UNTIL there is a CLOSE above it's high or a CLOSE below it's low.
DislikedStrat, Reference to post 276 where it was said, "THIS SMALL DOJI IS A WCC". Can it be said that a WCC is any bar (called here first bar) that has one or many inside bars following it? The breakout signal occurs at the close of a bar that is higher or lower than the first bar. There are 2 types of inside bars. Wicks within first bar or body within first bar. We are concerned with the body being within the first bar. I've applied the same practice to WRBs which might still prevail but WCC open a tremendous number of signals. Best regards and thanks...Ignored
15 YEARS OF PASR ON FOREX FACTORY!