DC, how are ya?
Fairing Alaska well enough?
Ok,
So, for is this only for intraday or does this work on a daily chart time frame.
All indicators work on all time frames, but as far as range bars, they are on a price axis. So as far as the charts are concerned, you'll see that indicators like stochastic will not line up or "agree" in comparison.
I did neglect to mention that I use a daily chart when working with the RB charts.
Trending up or down..when it gets to outside Bollinger extreme bars, the first red down bar, U sell the next bar with a stop loss set, let's say (and reverse for buying a down trend spike outside the Bollinger)?
My stop is usually set 1 tick above the negative close high bar.
The RB setting on CL is 20, so that's $200+ per contract.
I'll discuss R2R on later posts.
Markets like ES are on a 12 bar setting and GC is 20.
As always, one needs to observe market price action. So as to say trade price and price action with RBs in conjunction with daily charts, even though daily charts are obviously time based, we look at intraday.
And for well meaning amateurs reading this post, never trade the indicators. But one needs to trust what whichever indicators one uses while first trading price and price action.
I'll post some more charts later. I didn't trade today but I'll still post a few things.
So how goes it DC? Are you harassing the wild life or are they harassing you? lol
VAPER