rajen i m having difficulty in understanding this gimme bar concept...pls correct my understand if possible...
1) color of the gimme bar dosent matter (for e.g the gimmer bar touching lower band dosent require to be green i.e it could be red also...)
2) it does not require that gimme bar is the bar which touches the band..(thats wt gimme pdf file says).i.e important here is that the price bar closed > price opened at..(for lower band) and vice versa for upper band.....
ps : here price open/closed means the actual price opened and closed for the bar and not to be taken in visual context of actual length of the bar...right ?