Range and min charts between YM,ES, TF,EMD

October 4th, 2011, 02:43 PM

Range and min charts between YM,ES, TF,EMD

If I see 1 min chart of ES, TF,EMD, they just follow YM bar by bar
But if I see their range chart, they are diff, and signals are very very diff
Anyone explain why ? Thks and appreciate it

October 4th, 2011, 02:46 PM

because volume and price is different.

How do you compare the price between different index? Is Dow to SP 10 to 1, etc. You cannot. There is no fix ratio.

October 4th, 2011, 02:58 PM

Because time bars are, just that, time bars. Every minute a new bar will be plotted.

Range bars are plotted in accordance with a predefined range, thus they will vary in numbers and skew the timeline when comparing several instruments.

October 4th, 2011, 10:04 PM

Lornz

Because time bars are, just that, time bars. Every minute a new bar will be plotted.

Range bars are plotted in accordance with a predefined range, thus they will vary in numbers and skew the timeline when comparing several instruments.

thks Lorentz. It is hard to see how many moves occurred with in that 1 minute bar,

Range and min charts between YM,ES, TF,EMD

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Range and min charts between YM,ES, TF,EMD