Trader Skills #2: Urgency – Big Bars
  1. Intro
  2. Big Bars – Explanation:
  3. Urgency – Explanation:

Intro

Big Bars – Explanation:

  • Look at a chart and highlight the largest bars on the chart ~10% of any chart
  • You can also download this indicator
  • Understand why that bar became so big. What happened just before to do that where both sides agree?

Urgency – Explanation:

Here is a video for the indicator:

  • Use the Gap indicator and turn on URGENT BARS
  • Expand the chart to see the arrows
  • This is showing shaved bars
  • A shaved bar means as soon as it closed it raced off
  • Understand why that bar had no overlap

Mark up example:

https://www.tradingview.com/x/6y8bjqaG/

https://www.tradingview.com/x/b9X8bxEy/

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I’m Tim

Welcome to Zen Trading Tech.

I’m a Aussie day trader and I post trading tips, practice drills, and indicators that helped my trading get to a professional level.

Everything here is to help train the eyes and hands to trade better. If it helped me I’ll post it for others. Hope you enjoy!