Range bar charts are unique tools that focus on price action. A fundamental behavior of range bar charts is that they do not move unless the market does. This attribute can help you avoid nasty congestions filled with unhelpful Doji-like bars. When used correctly, they can grant you a unique market perspective. Yet, there’s a lack […]
10 Types of Price Charts for Trading
Do you trade with the 5-minute chart? Or the daily chart? But why are we constrained by time bases? Are there other ways to visualise price data? Do they offer valuable perspectives? Here are 10 types of price charts to satisfy your curiosity. (Beware. They might turn your trading perspective upside down.) For easy comparison, we are using […]
Trading Charts Without Time: Range, Tick, Volume
Traditional price charts plot using fixed units of time. Is this the only sensible way to chart? Should we consider charts that ignore the passage of time? In this article, we will look at the merits of using time charts and the value of alternative charting methods that exclude time. Why Time Charts? The first reason […]
