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7 chart types compared to 1 min chart


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7 chart types compared to 1 min chart

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trdr
Vancouver Canada
 
Posts: 16 since Jul 2011
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6E Euro FX contract
charts via NinjaTrader, feed CQG
some charts have MA 1 C , all charts have #gmacd - Guppy MACD
see basic charts settings on left side of Menu and chart
comparison charts' settings arbitrarily sized to the period the 1 min covers

note: MetaTrader has a couple or more chart types via an indicator ? script ? ea ?

Charts: on left is 1 min, then
kagi
line break
point&figure
range
renko
tick
volume
and
1sec v 1 tick - one tick is one trade having variable quantities of contracts traded
1sec v 1 volume/contract - volume is quantity of contracts traded - one
1 volume/contract v 1 tick

some observations
: constant versus variable price, time, waves movement - ie time v tick, volume
: speed of process, that is speed of tick, volume quantities being reached
: leverage used to trade with
: 'time period' being traded - ie one could use a 10,000 tick or volume quantity
: different instruments may require different settings
: different instruments may require different settings for particular indicator/s being
used and/or DOM data etc
: too much information versus amount of detail desired, or, which chart type and
settings provide the most useful - profitable information

.

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Last Updated on August 8, 2011


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