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DOK 1,2 & 3
https://www.thestrategylab.com/tsl/forum/viewtopic.php?f=61&t=4742		 Page 1 of 1
Author:  sobhik [ Mon Feb 15, 2021 3:20 pm ]
Post subject:  DOK 1,2 & 3
Here is my attempt in understanding the WRB analysis.

    - WRB analysis is a method to analyze the change in volatility and supply/demand.
    - WRB analysis does not predict market direction.
    - WRB analysis does not generate trade signals.
    - For candlestick users is WRB is - Wide Range Body
    - WRB - is an interval that has a body with price area "larger than each of prior 3" intervals
    - WRB hidden gap - is the WRB interval that has no overlap of prices between the interval before and after it.
    - Not all WRBs are important. We monitor the few WRBs that transform into WRB hidden gaps.
    - Validity of WRB Hidden Gap - if the price action of the intervals before and after is overlapping by a single tick, then there is no key change in volatility or supply/demand.
    - WRB Hidden Gap Filled - when the price action fills the WRB Hidden Gap by traversing completely through the price area.


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Author:  sobhik [ Mon Feb 15, 2021 3:52 pm ]
Post subject:  Re: DOK 1,2 & 3
    - WRB Hidden gaps show where the key market participants opened or closed their positions thereby causing key changes in supply/demand.
      - This change can be from supply to demand or vice a versa (reversals)
      - This change can also be from supply to more supply or demand or more demand (continuations)
    - WRBs can be used as profit targets if a trade was taken prior to appearing of it
    - Presence of hidden gaps confirm that the market is no longer in consolidation. - However, it is does not tell you the direction that the price will take.
    - No presence of Hiden gaps means the market is consolidating in a low volatility trading range
    - No presence of Hidden Gaps also means there is no participation from key market players during that period.


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Author:  wrbtrader [ Tue Mar 02, 2021 9:33 am ]
Post subject:  Re: DOK 1,2 & 3
Hi,

Thanks for the tutorial chapter 1 DOKs and I look forward to seeing tutorial chapter 2 and 3 DOKs.

Regards,
wrbtrader
TheStrategyLab.com

sobhik wrote:
    - WRB Hidden gaps show where the key market participants opened or closed their positions thereby causing key changes in supply/demand.
      - This change can be from supply to demand or vice a versa (reversals)
      - This change can also be from supply to more supply or demand or more demand (continuations)
    - WRBs can be used as profit targets if a trade was taken prior to appearing of it
    - Presence of hidden gaps confirm that the market is no longer in consolidation. - However, it is does not tell you the direction that the price will take.
    - No presence of Hiden gaps means the market is consolidating in a low volatility trading range
    - No presence of Hidden Gaps also means there is no participation from key market players during that period.
Author:  wrbtrader [ Sat Mar 27, 2021 8:24 am ]
Post subject:  Re: DOK 1,2 & 3
Reminder...

Tutorial Chapter 2 involving KME's is critical in my trading and the trading of other traders that are using WRB Analysis.

Tutorial Chapter 3 involves your trade signal strategies merged with WRB Analysis. I do not need to know the specific details of your trade signal strategy. In contrast, I need to see your verification of the application of the WRB Analysis Free Study Guide merged with your trade signal strategy via you posting redacted screenshots of timestamp trade fills in your broker trade execution platform.

Also, please do not mix up WRB Analysis with Wide Range Bar Analysis because there are trolls out there intentionally trying to distract users from WRB Analysis to Wide Range Bar Analysis in which Wide Range Bar Analysis is a trade signal strategy whereas WRB Analysis is not a trade signal strategy. Their differences are explained at the below link.

https://www.thestrategylab.com/WRBAnalysis.htm

P.S. Document the performance of your trade signal strategy by itself versus / prior to your trade signal strategy merged with WRB Analysis.

Compare the results...it is the only way to determine the merits of WRB Analysis and it will verify to TheStrategyLab that you're willing to do the work...verify that you're not a drive-by curiosity looker.

Regards,
M.A. Perry
TheStrategyLab.com
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