[CHART] ETHXBT SUPER SIMPLIFIED MINOR & INTERMEDIATE TREND LINES
Aktualisiert
- 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
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At the moment I see downtrendAnmerkung
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.
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This is my most famous post at the moment197 views in 3 hours
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