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Re: Wide Range Bodies or 'big' candles
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Question for Mark, Pivot and others using WRB's - how do you define what a WRB is? I've read a few things the last few days and some say purely a visual thing and others have a defined formula. |
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One of those things that's going to be different strokes for different folks, but where the Open-Close range is no less than say 95% of the High-Low range. That would do it for me.
({[(H-L) - ABS(O-C)] / (H-L)}*100) <= (100- 95) {or whatever your preferred percentage is}.
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Âksâr chhôr reăhmŭkh yŭkôleăkpĭntŭ musĕkâtônd sanhyoŭk sannha
Direct knowing, without conscious use of reasoning, can only come after extensive training and preparation
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