Hey men,
Does anybody know a way of measuring distance on a chart excluding pips?
I am looking for certain setups after first big moves, so I could quantify pips from a certain point but this pip value will prob be different for many charts as some currency pairs move a lot more/have a larger daily range then other people.
I'm looking for a consistent method of being able quantify price between 2 points across several charts.
Any recommendations?