Dislikedthese setups looks scary, narrow range infinitely more accurate right? {image} {image}Ignored
https://www.forexfactory.com/attachm...l?d=1687832287
and vice versa for below:
https://www.forexfactory.com/attachm...l?d=1687832309
Daily Bias, Liquidity Wicks, FVG 71 replies
Moving from intraday trading to weekly trading 9 replies
daily bias indicator 0 replies
Determining Intraday Bias/direction 4 replies
Daily Bias 0 replies
Dislikedthese setups looks scary, narrow range infinitely more accurate right? {image} {image}Ignored
DislikedRonin, I hope you do not mind me modifying your concept a little bit and I hope you can see my results. I removed the 50 EMA and PSAR MTF and replaced with a better setting PSAR that does not need any EMA. I await your comments. cpfleger {image}Ignored
DislikedLets continue with the first category of the narrow open range with an open narrow range dashboard. Due to the ongoing lack of conversation / constructive feed back, it seems I'm mostly writing to myself, all indicators now have an expiry date of one week. There is a lot of downloading but hardly any conversation. {file}Ignored
DislikedThe interaction of price with the daily open has always interested me; as this maybe considered as the starting point for the daily expansion of price. To take this concept further I have turned to volatility with regard to the daily open price. The picture shows volatility bands in relation to the daily open. {image}Ignored
Disliked{quote} Hi ronin, I have tried and study this DO indicator, For lower timeframe, I think we should find the way to avoid xinitial.{image}Ignored
Disliked{quote} Agree. There are a few ways to avoid the low volatility area. These include: 1) ADR value, I remember a trader stating they would not start to trade until ADR was equal to greater than 30 pips for example. 2) Similarily could use ATR set to say period 40. 3) Renko block chart or renko jp candle chart 4) A pip block grid using the daily open as zero. H1 10 pip grid example: {image} M5 10 pip grid example: {image}Ignored
DislikedDaily Open Grid Indicator as requested. Example set to 10 pips: {image} {file}Ignored