Hourly High And Hourly Low Strategy

VJAY

Well-Known Member
#15
Subtract hourly high from Previous hourly low and Subtract Prev hour high from hourly low. That will give you the histogram of price movements.
Can you please explain it with normal chart as an example
 

doss186

Well-Known Member
#17
Here is an example of today's Crude chart. The histogram rose up giving a long signal @4265. Also note the histogam is falling @ 4298. we will not short here but only exit the market. we take short position when the histogram falls beloe zero.
Now as the histogram fell below zero @4288 we look for a short position. as of now the price movement is panic but we will wait till the next hour close,
 

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doss186

Well-Known Member
#18
Now as the histogram fell below zero @4288 we look for a short position. as of now the price movement is panic but we will wait till the next hour close,
Now this histogram is only half part of the game. We have to mix this histogram with hourly roc. How to do this. Let’s see.
 

VJAY

Well-Known Member
#20
Here is an example of today's Crude chart. The histogram rose up giving a long signal @4265. Also note the histogam is falling @ 4298. we will not short here but only exit the market. we take short position when the histogram falls beloe zero.
sorry am not getting anything from your charts!!!!whats this histogram?I mean can you please explain your entry/method in plain candle bar chart?and how you do trade management ?
 

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