also since that is a daily I think it could flip back during the
day if the market goes back down where you won't see it. So
you have to be away for that. For example show a buy signal now but
if the market reversed and ended back down back the close the BPSPX
might not even show that buy signal. Basically you see intra day
moves on it but then all the past signals only reflect the close,
at least I think.
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also since that is a
Matt, thanks for last night recap. Concerning The Renko chart ...
Posted by matt on 24th of Mar 2020 at 10:00 am
also since that is a daily I think it could flip back during the day if the market goes back down where you won't see it. So you have to be away for that. For example show a buy signal now but if the market reversed and ended back down back the close the BPSPX might not even show that buy signal. Basically you see intra day moves on it but then all the past signals only reflect the close, at least I think.