Came across this website while googling for more info on IBs
http://www.trading-naked.com/insidebarNR4x.htm
Recalled this post by Asish Da in our Library thread:
Post # 52
Does it mean that effective IBs are ones which are actually NR4s??? !!!
So, if an IB is actually an NR4 bar, one can expect more than the first target (ie the high or low of the preceding bar, as the case may be)
Would be interesting to bactest...
http://www.trading-naked.com/insidebarNR4x.htm
Recalled this post by Asish Da in our Library thread:
Post # 52
Does it mean that effective IBs are ones which are actually NR4s??? !!!
So, if an IB is actually an NR4 bar, one can expect more than the first target (ie the high or low of the preceding bar, as the case may be)
Would be interesting to bactest...