Ignition Bar
Range Bars Only
Last updated
Range Bars Only
Last updated
The Ignition Bar is a range bar that is a "solid" bar from top to bottom with minimal "wick". It is intended to be used with the 89 range Tide chart.
The Ignition Bar is an invaluable filtering tool in the Order of Operations process.
The Ignition Bar is the 3rd bar from the start of a price swing in the same direction on the Tide chart.
Since each bar on the Tide chart is 89 ticks, the intention of the Ignition Bar is to estimate a high probability scenario of price continuing in the same direction of the swing during the next (fourth) bar.
Ideally, the Ignition Bar direction and swing matches the Favorable Direction.
During the fourth bar is where we drill down to the faster charts in the Order of Operations analysis.
"Do NOT trade against the Ignition bar!" -Vinny E. Mini
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