rahuld2976 said:
hi Vijay ji
this is regarding varun jis obv method..
can you please tell what is 15 periods in 5 minutes tf chart ?I understood different tfs..5 ,15 etc..
but what is period?
dont want to disturb the flow of thread..thats why asked here..sorry to bother you.
waiting for your reply..
thanks
This is the 3rd pm i got with the same Q, 3 different users.
Since there is no personal items here, so posting it for the benefit of all.
You understood tfs.. thats good.
the line in bold above, u missed the word bo/bd.
15 periods in 5tf means , previous 15 bars/values in 5tf.
Since obv is just line chart so difficult to see last 15 periods. one trick is to press left arrow key in keyboard 15 times, then see the highest high /low, and draw a line.
Hope i m clear.