Wednesday, August 31, 2016
Candlestick chart with volume in it, it was found about 20 yrs ago, Candlevolume chart do not need to have another row for display volume cos the candle itself have shown the day volume. candle volume is fill with fat and thin candles fat candle mean high volume thin candle mean low volume. Any software will supply you free and provide this function.
As its name suggest, the CandleVolume charts adding volume value into candlesticks. This allows chartists to conclude both price action and volume move with a look at the price chart. Candle Volume charts just like Equivolume charts, but offer more information than it as candlesticks are used instead of the high-low boxes. This means we can see the daily open and close for each period, as also the high and the low. CandleVolume charts can be implemented just like normal plotting charts. Chartists can look for candlestick movement as well as chart patterns, such as triangles shape and wedges, to generate buy and sell signals.
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