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  • Candlesticks

    In the August issue of Active Trader Magazine they have an article on what they call Prosticks.
    It is basically candlesticks with a dot inside the candlestick showing the point of control of the candlestick You could also call it a volume profile, or a mini market profile of the each candlestick. What ever you want to call it I swear that I have seen an EFS somewhere on this board, if anyone has seen this please let me know.
    Thank you
    Mark

  • #2
    its,

    The closest I have seen are Chris Kryza's equivolume candlesticks, what you are describing sounds like an interesting variant.

    Regards,

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    • #3
      Thanks for the reply Steve
      The study in Active trader mag. is a bit differnt, but I appreciate the reply. If you get a chance check it out in the Aug. issue.
      Thanks
      Mark

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      • #4
        Hi Mark,

        I found the article that you were referring to. I'm not sure if the ProSticks are proprietary in any way, but regardless, it was an interesting article. Very unique combination of indicators. I'll continue to keep my eyes open for anything that may be of assistance.

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        • #5
          Thank you I appreciate it.
          Mark

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