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Smallest previous monthly 2 candle with inside nr7 ,nr4- Smallest previous monthly 2 candle with inside nr7 ,nr4
Nr7 monthly- Market goes thru regular contraction (i.e. daily trading range getting shorter and shorter) and expansion (i.e. daily trading range getting bigger) cycle. expanding range is followed by contraction and vice-versa. so if we can identify the narrow range days, then it give us a step ahead of everybody to benefit from coming expansion.
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11.monthly narrow range 7 - nr7_monthly- Market goes thru regular contraction (i.e. daily trading range getting shorter and shorter) and expansion (i.e. daily trading range getting bigger) cycle. expanding range is followed by contraction and vice-versa. so if we can identify the narrow range days, then it give us a step ahead of everybody to benefit from coming expansion.
Nr4 /nr7 monthly- Nr4 /nr7 monthy