JCX2099

Visualizing Time Frame Continuity

Utbildning
NASDAQ:TSLA   Tesla
This is the simple version of the visual exercise. You will be looking at the relationship between price and TFC on the 1 minute chart as it interacts with the opening of the 1 Hour candle

1. Choose a 1 hour candle. Here I chose the 12:30 to 1:30 candle on the 27th of June 2022. (Candles with wicks will be better for this since they are range candles and tend to move across your line more)
2. Draw a line marking level where the 1 hour candle opens.
3. Go to the 1 minute chart.
4. Draw a box from the first 1 minute candle to the last 1 minute candle inside that 1 hour period
5. Using the replay function on the 1 minute chart go to the first candle on that 1 hour block and hit play.
6. Watch how every time the price is over the line you drew, the indicator shows the H as green and with (up) TFC and when its below its down and red.

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