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traderlady
Posted : Wednesday, September 20, 2017 10:34:55 AM
Registered User
Joined: 10/7/2004
Posts: 1,178

My intraday trading wish is to be able to quantify price action in the last hour of trading yesterday. 

An unchanged numerical value for Open to Close during the timeframe from 3:00 to 4:00 the day before is what I am seeking.  This would need to be as a Column -- and/or as an indicator that could be put into an Easy Scan.

As it is now, I use an Hourly Chart to visually scan yesterday's last hour's Candle. I am focusing on finding Dojis or small candlestick bodies. My experience has been that these result in profitable morning trades.

I am thinking this is not possible in TC now, but would appreciate passing this on to those who consider adding worthwhile features to TC.

Do you have an opinion about the likelihood of this quantification becoming part of TC, Bruce?

 

 

Bruce_L
Posted : Wednesday, September 20, 2017 11:08:30 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You could write something for before the close because the number of bars ago would be fixed at that time. Once the market is open however, you would need a new formula every time a new bar starts forming.

Thank you for your suggestion. I do not know when or if any particular suggestion might get implemented.



-Bruce
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diceman
Posted : Wednesday, September 20, 2017 11:55:34 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

QUOTE (traderlady)

My intraday trading wish is to be able to quantify price action in the last hour of trading yesterday. 

An unchanged numerical value for Open to Close during the timeframe from 3:00 to 4:00 the day before is what I am seeking.  This would need to be as a Column -- and/or as an indicator that could be put into an Easy Scan.

As it is now, I use an Hourly Chart to visually scan yesterday's last hour's Candle. I am focusing on finding Dojis or small candlestick bodies. My experience has been that these result in profitable morning trades.

 

What about  O1 vs C in a 30min timeframe?

 

 

Thanks

 

traderlady
Posted : Wednesday, September 20, 2017 12:21:40 PM
Registered User
Joined: 10/7/2004
Posts: 1,178

Okay that won't work.  But I've another idea that does work.

 

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