To the RIGHT of H1 bar, opened @08:00 (current time is 08:55): Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (stacked on the same bar – each in different color) …..
Hi G, One question about this. So it will be 9 rectangles (1 + 2 + 6) inside next H1 bar, with the max/min value ? If we just take max/min of each TF, it will be only 3 rectangles, but they are overlapping each other … Any hint ? Thanks in advance.
I don’t understand your question.
You should see (in the H1 example) M1, M5, M15, M30 & H1 channels.
A channel is based on each High/Low of the relevant TF.
Rough sketch attached. It shouldn’t be rectangles, but for illustration only.