Sounds like youve gotten your head spun around by price action "purists" that perhaps make you feel youre using a crutch by using an indicator or two?
Afaik, no one trades from a long list of prices showing on paper or a screen. Instead, certain values of prices at various points are plotted on a screen in the form of bars or candles. So whats the difference if you have just those specific price points plotted as a bar, or a candle, or some other form? There is only ever a single price at any point in time. The rest is just historical pricing, which is in fact, technically lagging by nature. The previous price of a minute ago is now lagging by a minute. Oh, my horror!
So, filtering the data to the high, low, open and close doesnt really paint a great picture of what went on during that timeframe.to see that, we have to drill down to a lower TF. By admitting the need lower timeframes to give clarity to the "real" price action... And maybe down another and another...it just confirms that even "price", has been muddied by the limited presentation of bars, kr candles.
Therefore, introducing a different way of tracking price...by way of an representation of different mixtures of calculations, is completely valid.
So just use what works for you and stop judging yourself or looking for someone else to validate your decisions. Decide your own trades and decide what tools you will use to make those decisions.
Afaik, no one trades from a long list of prices showing on paper or a screen. Instead, certain values of prices at various points are plotted on a screen in the form of bars or candles. So whats the difference if you have just those specific price points plotted as a bar, or a candle, or some other form? There is only ever a single price at any point in time. The rest is just historical pricing, which is in fact, technically lagging by nature. The previous price of a minute ago is now lagging by a minute. Oh, my horror!
So, filtering the data to the high, low, open and close doesnt really paint a great picture of what went on during that timeframe.to see that, we have to drill down to a lower TF. By admitting the need lower timeframes to give clarity to the "real" price action... And maybe down another and another...it just confirms that even "price", has been muddied by the limited presentation of bars, kr candles.
Therefore, introducing a different way of tracking price...by way of an representation of different mixtures of calculations, is completely valid.
So just use what works for you and stop judging yourself or looking for someone else to validate your decisions. Decide your own trades and decide what tools you will use to make those decisions.
