Hi Hans, The problem with this DOK is the WRB Hidden GAP interval.
Up WRB Hidden GAP interval: 1) Ensure its an Up WRB interval
2) Examine the interval
before the Up WRB and then examine the interval
after the Up WRB.
3) Using only the two intervals (
before &
after) the Up WRB...you compare the area between the High for the
before interval and the Low for the
after interval.
If there's a gap between the before (high) interval & after (low) interval...that gap converts the Up WRB interval into an Up WRB Hidden GAP interval.
Down WRB Hidden GAP interval: 1) Ensure its a Down WRB interval
2) Examine the interval
before the Down WRB and then examine the interval
after the Down WRB.
3) Using only the two intervals (
before &
after) the Down WRB...you compare the area between the Low for the
before interval and the High for the
after interval.
If there's a gap between the before (low) interval & after (high) interval...that gap converts the Down WRB interval into an Down WRB Hidden GAP interval.
Simply, it looks like in your charts..you have only been looking for Hidden GAP areas. Instead, you should be looking for only one interval as a
WRB + Hidden GAP area =
WRB Hidden GAP interval. Therefore, the Hidden GAP interval must be the same WRB interval.
The mistake in your DOK chart, you identified a WRB interval and then you identified a different interval as the Hidden GAP interval.
You must identify only one interval as both the WRB & Hidden GAP.
Another member made the same mistakes. She fixed it by
first looking for WRB intervals and then looking to see which of the WRB intervals qualified also as a WRB Hidden GAP interval. In contrast, she made too many errors when she
first looked for Hidden GAP intervals. Thus, she was identifying Hidden GAP intervals that were
not also a WRB interval.
I attached a Emini ES futures chart of a Up WRB Hidden GAP interval.
Attachment:
Price-Action-WRB-Hidden-GAP-Interval.png [ 95.34 KiB | Viewed 321 times ]
P.S. The chart above does not show the KME.
Regards,
TheStrategyLab
M.A. Perry
wrbtrader@gmail.com