MakisMooz

[CHART] ETHXBT SUPER SIMPLIFIED MINOR & INTERMEDIATE TREND LINES

KRAKEN:ETHXBT   ETHXBT
- minor trend lines
- intermediate trend lines
- support and resistance lines
- Fibonacci levels

Happy Trading!
Life is Art & Art is Life
Comment: At the moment I see downtrend
Comment: At the end of the chart you can see a squeeze
Sometime it will explode
Comment: With this method of charting you can
view volatility widths and find squeezes
Comment: 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
Comment: Maybe I name the chart template as 5 Fractals by MakisMooz (MM)
Drop your commets how to name the chart template
Comment: 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
Comment: 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.
Comment: I published the chart to showcase my new way to analyse charts.
Chart shows is not mature enough for trading.
Comment: 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.
http://www.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.
Comment: This is my most famous post at the moment
197 views in 3 hours
Comment:
snapshot
This is very good work.
You should try to read about neowave, the way of plotting data is similar to your idea.
Keep up the nice work.
Reply
MakisMooz IvanLabrie
I like Bauhasus and minimal.
I never heard of neowave.
I am a coder also and for long time I am coding and charting time series.
It came up to me to write an algorith that simplifies financial instrument charts.
My algorithm is half manual half auto yet.
+1 Reply
Ah, very nice. It looks good, I think it's a coherent way of analyzing the chart here.
Reply
ETH great tech, awesome ideas, IoT and such. yet trading wise I would stay away from it
Reply
I published the chart to showcase my new way to analyse charts.
Chart shows is not mature enough for trading.
Reply
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