Anyone find any edge with activity based charts over time based charts? | Traders Hideout


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Anyone find any edge with activity based charts over time based charts?

  #16 (permalink)

Colorado
 
Trading Experience: Advanced
Platform: MultiCharts
Broker/Data: IB & Iqfeed
Favorite Futures: ES , CL
 
sptrader's Avatar
 
Posts: 543 since Apr 2010
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Personally, I prefer non- time-based charts, since "time" is a variable and in trading, it's best to eliminate as many variables as possible. Volume charts are what I currently use for my main trading chart.(but I do experiment with others).
Just like mechanical trading systems, usually the fewer the number of input variables, the more stable and reliable the system is.

I'd suggest trying all of the different chart types and try to get a "feel" for the type that is the most comfortable and helps you see the markets most clearly.
Good trading

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