Sometime it will explode
view volatility widths and find squeezes
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
Drop your commets how to name the chart template
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
I havent realised yet what I've done.
Chart shows is not mature enough for trading.
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.
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.
197 views in 3 hours