Introduction to Line-break chart
by PRASHANT SHAH -
Three-line break charts originated in Japan during the 19th century and it is said that this technique was used in rice trading. This is another old form of charting originating from Japan along with the likes of Renko, Kagi and Heikin-ashi charts. Line-break chart was introduced to the western world by Steve Nison in his ... Read more
Understanding Line-break charts
by PRASHANT SHAH -
So, Line-break chart move only when price trend or reverse by a certain criterion. It condenses the price action of price-time charts and displays only trending moves. Below is the example of a Three-line break chart. Blue coloured lines are bullish lines and Red lines are bearish lines. These charts are visually very appealing and ... Read more
Introduction to Line-break chart
by PRASHANT SHAH -
Three-line break charts originated in Japan during the 19th century and it is said that this technique was used in rice trading. This is another old form of charting originating from Japan along with the likes of Renko, Kagi and Heikin-ashi charts. Line-break chart was introduced to the western world by Steve Nison in his ... Read more
Understanding Line-break charts
by PRASHANT SHAH -
So, Line-break chart move only when price trend or reverse by a certain criterion. It condenses the price action of price-time charts and displays only trending moves. Below is the example of a Three-line break chart. Blue coloured lines are bullish lines and Red lines are bearish lines. These charts are visually very appealing and ... Read more
