[CHART] ETHXBT SUPER SIMPLIFIED MINOR & INTERMEDIATE TREND LINES

Atualizado

- minor trend lines
- intermediate trend lines
- support and resistance lines
- Fibonacci levels

Happy Trading!
Life is Art & Art is Life

Note

At the moment I see downtrend

Note

At the end of the chart you can see a squeeze
Sometime it will explode

Note

With this method of charting you can
view volatility widths and find squeezes

Note

Next version of chart will have another major line at the lower lows
I 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

Note

Maybe I name the chart template as 5 Fractals by MakisMooz (MM)
Drop your commets how to name the chart template

Note

A 5 Elements Energy Flow Chart
Color 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

Note

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.

Note

I published the chart to showcase my new way to analyse charts.
Chart shows is not mature enough for trading.

Note

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 moment
197 views in 3 hours

Note

MakisMooz

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.