Congestion Counts help measure how many consecutive bars overlap each other. High counts can be a clue that the market is very range bound and building energy. There are two types of congestion counts to consider, the group method seemingly more useful. This was originally downloaded from here, which is sometimes a very slow link.
August 3rd, 2010
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shodson
I think one of the most important things to do is keep track of your money.
Here is a set of spreadsheets I built that you can download. There are different tabs for each of the instruments you might trade and an overall section that combines each tab. All you have to do is enter the information into the white squares, and the program does all of the math and graphs.
I also have graphs that display your progress.
Finally I included a sheet that you can print and keep a daily log (record) of your efforts while you are trading (spreadsheets and trading don't mix well in real time).
December 11th, 2016 07:52 PM xtrader Very interesting... overwhelming majority of traders fail. So, whatever the personality type that is dominate in trading
(and it is there) should be understood. Found mine and went to trading sites that discuss this and found mine to be in
the small population. Good news.
May 5th, 2015 07:33 AM wwwingman Thank you for a great article.