Support Board

Date/Time: Mon, 29 Apr 2024 18:59:56 +0000

Post From: swing periodicities

[2023-06-02 01:26:44] Link To Thread - Link To Post [Go To First Post]
jivetrader - Posts: 379
Thanks John. For which bar type(s) can a max x% retracement in the bar be specified before printing a new bar (analogous to ZZ retracements) even if the retrace needs to be specified in ticks? Example: a 20-tick bar with a max 4 tick retrace would accommodate a 20% counter move within the bar before printing a new bar in the same direction. If the retrace exceeds 20% at any time, a new bar begins to form against the direction of the original. I hope this is clear, thanks