Get this book I recently wrote and published based on William Tyndale's work, "The Parable of the Wicked Mammon" for free: drive.google.com/file/d/1fXuoVVfCSbv3IsZW929JhxdWfSe25ems/view?usp=sharing Or get it on Amazon as a Kindle version for only 99 cents: amzn.to/49sjaqR
I watched this video...and changed my charts to range bars today in my demo account. Today has been the best trading day I've had ever....I've been unsuccessfully trying to trade for years..litteraly....this one tweak has cleared the fog and had made ALL the difference. I had never even heard of range bars until I watched your video. Thank you! Thank you! Thank you!
I’m currently transitioning from forex to futures and practicing. Funding my live account for micros but taking my time. I was searching and found this video. Good content Ty
Ben trying to make sense of futures on a paper account and I feel the double top/bottom scenario is easy to see. I’m going to give it a try with range bars as you show and see how it plays out. Thanks
they have their own licensed version of Tradingview. It lacks a lot of Tradingview functionality but has other in-house developed functionality that Tradingview doesn't have
greatly underrated and don't get discussed much those range bars - I have used them at different times usually with trendlines and found them very helpful cleaner chart and better way to see price action live - also had noticed the double tops and bottoms as you show - but never tried to use as edge; thank you for highlighting and sharing - fascinating - would love to see or hear updates on your progress with this strategy.
been experimenting with 10-40 tick range; 40 for /MNQ; 5 or 10 for /RTY; 20 for /MYM; 20 for /MES all this after 9:45 and the craziness. Also added levels for premarket and prev day along with PP (pivot) so looking for reversals at key levels - do you pull trigger when 3rd bar begins to form in the direction expected?
Great content, thanks for posting! Unsolicited tip but don't ever call yourself an idiot (yes, I understand it was self-deprecating humor, but there's a deeper reason). Here's why: think of your emotional state of mind like a candlestick chart. The ups and downs are determined by external events (e.g. your wife nags you to death until you eventually lose your shit, or your buddy makes your day after being AWOL for months by calling out of the blue to congratulate you for your b-day). These events determine if you're happy or angry at the moment, essentially forming the support and resistance levels in your emotional candlestick chart. The bad news is that those events are usually out of your control. The good news is that your internal monologue also contributes to this candlestick chart! Cognitive behavior psychology is the study of how our internal monologue determines our state of mind. It's the key for trader-psychology (which I'm sure you know is critical aspect of trading well). To summarize their techniques In simple words: 1) DON'T call yourself an idiot (especially if you make mistakes). 2) DO tell yourself kind words (especially when you make mistakes, and also after winning). 3) DON'T be afraid to talk to yourself. 4) Basically be your self's "best friend". Talking to yourself will absolutely feel icky at first (and obviously don't do it in public lol), but it works! The key is not thinking of your brain as a singular entity machine, look at the brain's 2 hemisphere as a metaphor for the duality of your mind. Pretend there's someone inside. This tiny person determines your emotions by what's happening to them. Kinda makes sense when you think about it, since you don't actively make your emotions, they lands in your lap like a hot potato, right? That's the little person inside responding to events and words (so yes, words and sticks definitely break your bones lol). Basically, be careful around events or words that shape your state of mind if you want to trade with more self-control. There's a reason why in the show Billions they have a staff therapist talking to traders regularly, trying to understand what's happening in their lives to help them trade better. TL;DR: be kind to yourself if you wanna be happy, don't or call yourself an idiot unless you wanna walk around feeling like a grouch and taking it out on yourself with bad trades.
Get this book I recently wrote and published based on William Tyndale's work, "The Parable of the Wicked Mammon" for free: drive.google.com/file/d/1fXuoVVfCSbv3IsZW929JhxdWfSe25ems/view?usp=sharing
Or get it on Amazon as a Kindle version for only 99 cents:
amzn.to/49sjaqR
I watched this video...and changed my charts to range bars today in my demo account. Today has been the best trading day I've had ever....I've been unsuccessfully trying to trade for years..litteraly....this one tweak has cleared the fog and had made ALL the difference. I had never even heard of range bars until I watched your video. Thank you! Thank you! Thank you!
Glad it helped you. I like the range bars too.
one of the more informative, logical, understandable trading videos i've seen, thank you!
I’m currently transitioning from forex to futures and practicing. Funding my live account for micros but taking my time. I was searching and found this video. Good content Ty
Superb again! Thanks.
Ben trying to make sense of futures on a paper account and I feel the double top/bottom scenario is easy to see. I’m going to give it a try with range bars as you show and see how it plays out. Thanks
Hey Todd, what Futures platform is TopStep on?
they have their own licensed version of Tradingview. It lacks a lot of Tradingview functionality but has other in-house developed functionality that Tradingview doesn't have
@Skeeterz71 ohh I see. They have a trial option I presume? Anyway, I"ll check them out next week, thanks!
greatly underrated and don't get discussed much those range bars - I have used them at different times usually with trendlines and found them very helpful cleaner chart and better way to see price action live - also had noticed the double tops and bottoms as you show - but never tried to use as edge; thank you for highlighting and sharing - fascinating - would love to see or hear updates on your progress with this strategy.
been experimenting with 10-40 tick range; 40 for /MNQ; 5 or 10 for /RTY; 20 for /MYM; 20 for /MES all this after 9:45 and the craziness. Also added levels for premarket and prev day along with PP (pivot) so looking for reversals at key levels - do you pull trigger when 3rd bar begins to form in the direction expected?
I have tradingview
How does one setup range bars on tradingview
Tradingview does not have range bars
@@Skeeterz71I use range bars on TradingView.
Morning Todd,
I can't see your affiliate link, could you please paste it here please
I am no longer recommending any prop firms, at least for now.
@@Skeeterz71 What happened? Did they refuse a pay out?
also, watch the SPEED at which bars are formed, I have seen several bars form almost at the same time when the market is really moving!
Great content, thanks for posting! Unsolicited tip but don't ever call yourself an idiot (yes, I understand it was self-deprecating humor, but there's a deeper reason). Here's why: think of your emotional state of mind like a candlestick chart. The ups and downs are determined by external events (e.g. your wife nags you to death until you eventually lose your shit, or your buddy makes your day after being AWOL for months by calling out of the blue to congratulate you for your b-day). These events determine if you're happy or angry at the moment, essentially forming the support and resistance levels in your emotional candlestick chart.
The bad news is that those events are usually out of your control. The good news is that your internal monologue also contributes to this candlestick chart! Cognitive behavior psychology is the study of how our internal monologue determines our state of mind. It's the key for trader-psychology (which I'm sure you know is critical aspect of trading well).
To summarize their techniques In simple words:
1) DON'T call yourself an idiot (especially if you make mistakes).
2) DO tell yourself kind words (especially when you make mistakes, and also after winning).
3) DON'T be afraid to talk to yourself.
4) Basically be your self's "best friend".
Talking to yourself will absolutely feel icky at first (and obviously don't do it in public lol), but it works! The key is not thinking of your brain as a singular entity machine, look at the brain's 2 hemisphere as a metaphor for the duality of your mind. Pretend there's someone inside. This tiny person determines your emotions by what's happening to them. Kinda makes sense when you think about it, since you don't actively make your emotions, they lands in your lap like a hot potato, right? That's the little person inside responding to events and words (so yes, words and sticks definitely break your bones lol).
Basically, be careful around events or words that shape your state of mind if you want to trade with more self-control. There's a reason why in the show Billions they have a staff therapist talking to traders regularly, trying to understand what's happening in their lives to help them trade better.
TL;DR: be kind to yourself if you wanna be happy, don't or call yourself an idiot unless you wanna walk around feeling like a grouch and taking it out on yourself with bad trades.
I will take your advice to heart.
Great video Todd. Are you funded with TopStep and/or a full-time trader? I'm doing the combine myself.
When I get funded I will do a video! I am having a very hard time keeping what I make.
range bars are far superior for price action. Has worked a lot better for me because it removes the noise