Search Dictionary

Definition of 'Bracket'

A Bracket is a Market Profile concept.

A Bracket is viewed as a column of identical letters that has been formed while creating a Market Profile. Once the letters are collapse against the left margin they no longer appear in the same column.

Typically a bracket will be formed over a half hour period but the first bracket in some markets may not be half an hour if that market does not open on the hour or half hour.

A Bracket has a high and low and some traders also track the open and close of the bracket using different letters. A Bracket can be thought of as a bar on a bar chart without the open and close markers.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.