Indicator to measure a price bar's tendency to undercut prior bar's high - TradeStation | futures io social day trading
futures io futures trading


Indicator to measure a price bar's tendency to undercut prior bar's high
Updated: Views / Replies:430 / 0
Created: by 10handles Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Indicator to measure a price bar's tendency to undercut prior bar's high

  #1 (permalink)
Elite Member
San Francisco CA
 
Futures Experience: Beginner
Platform: TradeStation
Favorite Futures: Options
 
Posts: 10 since Apr 2014
Thanks: 4 given, 2 received

Indicator to measure a price bar's tendency to undercut prior bar's high

I'm trying to find a measure of a price bar's tendency to undercut (and/or close beneath) the previous bar's high.

I like to enter positions as price is exceeding the previous day's high and I don't like to hold the position if it comes back in and closes below the prior bar's high. I'm wondering if there's a way to measure a stock's tendency do this so that I can screen out stocks that do this and reduce the frequency of getting stopped out.

Does an indicator for something like this exist and if not, could one be created?

Reply With Quote

Reply



futures io > > > > Indicator to measure a price bar's tendency to undercut prior bar's high

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Book Discussion: Reading Price Charts Bar by Bar by Al Brooks cunparis Traders Hideout 530 October 19th, 2016 08:45 PM
How to step forward bar by bar (F12) with full bar not half bar? mercyman MetaTrader 1 October 23rd, 2012 05:49 PM
Image:al brooks reading price charts bar by bar.jpg Big Mike Trading Wiki Images 0 July 1st, 2010 09:00 PM
Enter to win: Autographed copies of Al Brook's Reading Price Charts Bar by Bar Book Big Mike Feedback and Announcements 51 June 29th, 2010 04:42 PM
3 bar high/low entry maintain active order until 3 bar high/low in opposite direction mrticks NinjaTrader Programming 8 November 13th, 2009 08:44 PM


All times are GMT -4. The time now is 01:27 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.05 seconds with 19 queries on phoenix via your IP 54.234.255.29