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A line break chart, also known as a three-line break chart, is a Japanese trading indicator and chart used to analyze the financial markets. [1] Invented in Japan, these charts had been used for over 150 years by traders there before being popularized by Steve Nison in the book Beyond Candlesticks .
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Renko charts typically only use closing prices based on the chart time frame chosen. For example, if using a weekly time frame, then weekly closing prices will be used to construct the bricks. Similarly to Kagi charts , Renko charts help chartists to cancel out the noise present on time-based charts, focus on important price levels, detect ...
A unit prefix is a specifier or mnemonic that is added to the beginning of a unit of measurement to indicate multiples or fractions of the units. Units of various sizes are commonly formed by the use of such prefixes.
Island reversal In both stock trading and financial technical analysis, an island reversal is a candlestick pattern with compact trading activity within a range of prices, separated from the move preceding it. A "candlestick pattern" is a movement in prices shown graphically on a candlestick chart.
A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and ...
A metric prefix is a unit prefix that precedes a basic unit of measure to indicate a multiple or submultiple of the unit. All metric prefixes used today are decadic.Each prefix has a unique symbol that is prepended to any unit symbol.
The metre–kilogram–second–coulomb (MKSC) and metre–kilogram–second–ampere (MKSA) systems are examples of such systems. [38] [21] The metre–tonne–second system of units (MTS) was based on the metre, tonne and second – the unit of force was the sthène and the unit of pressure was the pièze.