O-C / O-H Mid

November 12th, 2020, 10:16 PM

In price action trading, is price known to respond to the mid between the mid between the open/low open/high of the prior candle on a controlling timeframe(e.g. a 15min candle for intraday actions)? And/or what, if any, other levels on a higher/intermediate TF candle should be watched?

Thanks in advance.

November 18th, 2020, 09:43 AM

Hi again Labe (just answered your other question),

Well, that's a statistical question and the answer surely depends on the symbol you're looking at and the points in time you're looking at. I guess this isn't what you're looking for but the best answer to a statistical question is a statistical one: and you can get it out of any trading software that lets you data mine / program a small study that counts these occurences over a given chart.

Hope that helps at least a little bit!

O-C / O-H Mid

Discussion in Emini and Emicro Index

O-C / O-H Mid