Noiseless Relative Strength
by PRASHANT SHAH -
Until now, we discussed the ratio chart and relative strength indicators that are plotted in the line chart format and plotted using closing prices of instruments. It is not a common practice to plot ratio charts in candlestick format. A candle consists of Open, High, Low and Closing prices. It is not logical to divide ... Read more
P&F Relative Strength
by PRASHANT SHAH -
Point & Figure Point & Figure charts are considered as one of the oldest charting methods. The plotting and nature of these charts are different from bar or candlestick charts. It does not consider time and only the price action is considered to plot the chart. Hence, they are also known as one-dimensional charts. But ... Read more
Fusion Matrix
by PRASHANT SHAH -
Fusion Matrix In any chart, a swing move can be broadly categorised into two types–impulse and corrective. Impulse and Corrective When the price is trading above its previous swing high and there is an established trend, it is an impulse move. When the price is correcting, it is called a corrective move. The bullish trend ... Read more
