The Narrow Range 7 pattern is an occurrence whereby a candlestick has the narrowest range between high and low out of the previous seven daily candlesticks.
Category: Price Patterns
ID-NR4 Calculation in Google Sheets
This pattern is a combination of two volatility contraction markers into one. Providing for a convincing signal of significant moves ahead.
Inside Day Calculation in Google Sheets
When price trades within the bounds set by yesterday’s action we have an inside day. Let us look at what use these occurrences are to us.