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Here is what I know is true: We have six data points open, high, low, close, volume and time. Everything else is derivative of those six.
-Dan
ps It has been MANY years since I came across forum member @Fat Tails He included in this forum and for free many of the most elegant and powerful visual representations of those six data points that I have ever seen. He was graceful with the uninitiated and generous to a fault with his time. His written descriptions and verbal explanations about his work and how he applies it reflected a mastery that I still find beyond unusual. I have not communicated with him in years, but if you can find his work on pivots and Fibs you will have more that you will ever need.
