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Re: risk on post# 214883

Tuesday, 09/27/2016 2:43:13 PM

Tuesday, September 27, 2016 2:43:13 PM

Post# of 383855
you can try the next level of charting which is darn difficult to do but cool if you can

It WILL require extra energy from your overall capacity but I think it's worth it

I tried it in quite few ways and I have mixed results.
The best so far is not on computer but the ole way on paper. Very annoying when need to update, but other than that is closest to ideal (NOT the ideal though).

What to do:
You use 5 / 15 / 60 / daily? So 4 charts

Build a pyramid. On the base is daily, then on top is 60, then on top is 15, and finally (if you insist, but I won't do it) the 5

The daily candles have to be wide enough to accommodate the whole numbers of 60 of the given day.
The 60 candles have to be wide enough to accommodate the 4 of the 15 found in a given 60.
(if you insist on 5, then the 15 has to be wide enough to get all 3 of 5)

Obviously, the daily and in turn the 60 will have to grow as you build the pyramid chart.

The result is real cool if you succeed.

The stockcharts sucks as a pro chart service as won't allow stuff like this to be build, not even overlapped or overshadow mode. I haven't seen it anywhere, is my own idea.

I build it in the past for oil and currency trades not spy (too much work)

Due to roadblocks (barricades more appropriate to say) I resigned to a limited number of frames, that's my experience.

It's real cool, and look good on a wall in the house/office (you kinda need a whole freaking wall)

It tends to give you a good grip on what is happening in the charts.

I was thinking of 4 monitors on top of each other, but the height is defeating the purpose, it needs to be clustered.

have fun


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