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The RangeNoGap is just a bar type that is somewhere on this forum. It's the same as range bar but there is no gap between the top of 1 bar and bottom of next higher bar. Actually, with the ModHA2 bars that I use there is no difference between in appearance between range and rangenogap.
Todd
The following user says Thank You to Todd for this post:
Zeller,
The way the standard 4 range bar plots is different than a 4 RangeNoGap bar, so this will impact indicators and strategies. Put the two side by side and watch how they respond to live price action to get a sense of which you may prefer.
Good trading
The following user says Thank You to Neal for this post:
Yes your approach of having multiples would be fine as well, the idea is to simply be able to see the big picture (entire day), the medium picture (reversals in trend) and the small picture (entries).
Mike
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Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following 3 users say Thank You to Big Mike for this post:
Mike, I know you trade a bit different now but does that negate this way of looking at things. Is this thread and style still applicable or did you stop using it because it stopped working?
Thanks!
The following user says Thank You to tradingonvolume for this post:
