Thanks to SMASH! I once saw him mention that he was using Range 16 (I hope I remembered that correctly, but I can’t recall where I saw it). At the time, I didn’t really understand what it was. Even after switching from TradingView to MotiveWave, I continued to use the 5-minute chart to observe the market.
Later, I came across a discussion on the MotiveWave forum where someone said that using Range Bars can clarify many confusing aspects of market behavior. This made me think back to SMASH’s mention of Range 16. Since he uses it and others on the forum highlighted its benefits, I became curious. If SMASH, who provides us with key levels every day, finds it useful, there must be good reasons for it. So, I decided to start using Range 16 to analyze the market.
Thank you, SMASH, for sharing your insights about Range 16 and for consistently providing key levels. Your guidance is invaluable to novices like me, offering a solid reference point for making decisions.
Thanks to SMASH! I once saw him mention that he was using Range 16 (I hope I remembered that correctly, but I can’t recall where I saw it). At the time, I didn’t really understand what it was. Even after switching from TradingView to MotiveWave, I continued to use the 5-minute chart to observe the market.
Later, I came across a discussion on the MotiveWave forum where someone said that using Range Bars can clarify many confusing aspects of market behavior. This made me think back to SMASH’s mention of Range 16. Since he uses it and others on the forum highlighted its benefits, I became curious. If SMASH, who provides us with key levels every day, finds it useful, there must be good reasons for it. So, I decided to start using Range 16 to analyze the market.
Thank you, SMASH, for sharing your insights about Range 16 and for consistently providing key levels. Your guidance is invaluable to novices like me, offering a solid reference point for making decisions.
Precise smash have said about shenanigans cuz SPX closed right at intraweek mid to the tick.
"A close in the middle of the balance, with OPEX tomorrow, sets the stage for shenanigans."
What does this mean specifically?
Just be careful with OPEX price actions.
Thanks Smash!!
what is Range 16?
Ah, I figured it out. And, Trading View offers range, although it may be fixed increments. Thanks
Is range extension something new you have been showing? I don't remember it over the past year or two.