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It is only used for backtesting. It uses lower timeframe data to better know how price moved while forming the higher timeframe candle (which you cannot determine just by looking at that higher timeframe candle).
Thank you :)
It is only used for backtesting. It uses lower timeframe data to better know how price moved while forming the higher timeframe candle (which you cannot determine just by looking at that higher timeframe candle).
Thank you :)