- minor trend lines
- intermediate trend lines
- support and resistance lines
- Fibonacci levels
Happy Trading!
Life is Art & Art is Life
- intermediate trend lines
- support and resistance lines
- Fibonacci levels
Happy Trading!
Life is Art & Art is Life
Note
At the moment I see downtrendNote
At the end of the chart you can see a squeezeSometime it will explode
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With this method of charting you canview volatility widths and find squeezes
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Next version of chart will have another major line at the lower lowsI will plot the chart with 5 limit lines
I dont know if trend line term can be applied to this charting
I am not talking of trendlines
I am talking rather of limit lines, fractal lines, triangles and areas
At this chart all lines are in the same downward direction
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Maybe I name the chart template as 5 Fractals by MakisMooz (MM)Drop your commets how to name the chart template
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A 5 Elements Energy Flow ChartColor 5 lines based on 5 Element Chinese Theory colors (TODO)
From Bottom to Top
Lower Line 1, Water blue
Lower Line 2, Wind green
Midline Earth yellow or orange or brown
Upper Line 1 Lungs grey or black
Upper Line 2 Fire red
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This idea of charting so simple came up to me like a flash 2 3 days ago.I havent realised yet what I've done.
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I published the chart to showcase my new way to analyse charts.Chart shows is not mature enough for trading.
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I like Bauhaus and Minimal as an alternative option and not 100%.Among other things I am a coder.
For long time I am coding and charting time series.
My most famous work is Athens Real TIme Traffic Map.
transport.ntua.gr/map
I take time series data and present them in the simplest way
by creating 5 groups of data and charting with 5 different colors.
2-3 days ago It came up to me like a flash to write an algorith
that simplifies financial instrument charts.
My algorithm is half manual half auto yet.
I am open to hear your opinions and suggestions.
Note
This is my most famous post at the moment197 views in 3 hours
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.