The Best Interval For Day Trading Charts is ZERO Minutes!

More from TopDogTrader - Re entries, ranges, ticks

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Whats the best Interval For Day Trading Charts?  1,2,3,5 minute charts. No minutes is the answer, he likes tick harts with an explanation.  S & P emini 2 minute chart example.

COMMENTS from TopDogTrader

Shtefan - you’re absolutely right. The datafeed is absolutely critical and more demanding for tick charts. Some handle it better than others. Best datafeeds I know of for this are Zen Fire, Trading Technologies and Photon-Trader (all execution platforms).
I personally prefer the tick charts because volume charts smooth things too much for my liking. By making all the bars perfectly even in measuring volume, you don’t see as many extreme candlestick patterns that you get in minute charts or tick charts. For example hammer, hanging man, shooting star, etc.

Those candlestick patterns are helpful and show up more when you don’t force the bars to be too smoothed.

JohnYoga
Thank you top dog…I have been trading with 3/5 minute bars, but now will experiment with 200 tick bars because of your stated reasons…