I have my MP on tick increment of 4. So on 4 ticks right now the profile is showing poor/weak highs. But if I change to 1, 2, or 3, ticks obviously the details become finer and the poor/weak highs aren't there.
Is it okay to trust the poor highs on 4 ticks? The reason I'm on 4 ticks is because if I'm on 1 tick the letters are way to small and I struggle to fit multiple profiles on the chart while being able to see the letters.
Hey! That makes sense. The daily plans also use a 4-tick increment for the same reasons—it keeps the profiles readable while still showing the relevant structure.
Honestly, a single data point like that isn’t something I overanalyze. I generally have another TPO chart set to 1-tick increment if I want the finer detail.
Also, the whole concept of how many ticks constitute a poor reference or excess is pretty old—it comes from a time when volatility was much lower than today.
So as I've begun front testing and Journaling I've noticed a good amount disrepencies with the book I'm reading. Biggest one I noticed was the description of the IB for each day type. They really hammered narrow IBs in my book, for example with trend days. I ain't seen a narrow IB.. Ever haha. So I appreciate you pointing out that's a bit outdated.
Hey Smash, sorry for all of my questions haha.
I have my MP on tick increment of 4. So on 4 ticks right now the profile is showing poor/weak highs. But if I change to 1, 2, or 3, ticks obviously the details become finer and the poor/weak highs aren't there.
Is it okay to trust the poor highs on 4 ticks? The reason I'm on 4 ticks is because if I'm on 1 tick the letters are way to small and I struggle to fit multiple profiles on the chart while being able to see the letters.
Thanks!
Hey! That makes sense. The daily plans also use a 4-tick increment for the same reasons—it keeps the profiles readable while still showing the relevant structure.
Honestly, a single data point like that isn’t something I overanalyze. I generally have another TPO chart set to 1-tick increment if I want the finer detail.
Also, the whole concept of how many ticks constitute a poor reference or excess is pretty old—it comes from a time when volatility was much lower than today.
So as I've begun front testing and Journaling I've noticed a good amount disrepencies with the book I'm reading. Biggest one I noticed was the description of the IB for each day type. They really hammered narrow IBs in my book, for example with trend days. I ain't seen a narrow IB.. Ever haha. So I appreciate you pointing out that's a bit outdated.
Thank you Smash!
Great stuff! Thanks.