Post
Topic
Board Speculation
Re: Ryans' log
by
canibalbranco
on 27/09/2014, 03:53:15 UTC
Quote
3)  The candles actually seem to distract me from the points.  I wonder if it would make sense for me, anyway, to use a line chart.  

Edit...the only thing I can think of as a starting point is to try to find the 3's.

Quote
The problem with a line chart is that it's usually based on an average. OHLC avg, HLC, VWAP, etc... So it's doesn't tell the whole story and it won't show overlaps that invalidate a count either. Candlesticks and OHLC bars are best suited for this job.


Furthermore, the shape of a candlestick also brings relevant market information.  Cheesy

http://d.stockcharts.com/school/data/media/chart_school/overview/technical_analysis16e.png