What Are Line Break Charts & How To Trade Them

Line Break Charts

Line Break charts are forms of charts that measure price fluctuations without time intervals. They consist of a series of bars that form lines, showing closing prices. The charts were first discovered in Japan and introduced in the west by Steve Nison. What are Line Break charts? The structure of the Line Break charts resembles Renko charts, but rather than forming breaks, the Line Break chart creates bars. These bars compromises of lines. The up lines identify upward movement and are colored green or white, while the down lines signify downward movement and are colored black or red. A keynote …READ MORE