Concept
- Big bars occur about 10% of the time
- They can only happen is bulls and bears agree on it
- The ability to identify what happened JUST BEFORE that bar will help a trader to position to benefit from it in future
- 50% pullbacks of big bars are a reasonable strategy for scalping
- Trading Range Days have many of these – climaxes
Link here:
https://www.tradingview.com/script/tyYbvaQj-Zen-Z-Bars-V1
There are a whole bunch of setting you can play with.

Examples



Trading Range Day









Leave a reply to ANDREAS Cancel reply