Quote:
Originally Posted by tonymand
James uses both the classic definition of an OB ie extremes outside the extremes of the previous bar and his own additional variant where the body is outside the previous body.
In this latter case if the open is the same as the close of the previous candle but the close is still outside the high/low then this also counts if that makes sense.
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I have a sneaking feeling you might just have to haul up a chart explaining this one
There'll be one or two twisted melons & blank faces attempting to untangle that I shouldn't wonder!!