Eman93 4,750 posts msg #94316 - Ignore Eman93 modified |
6/26/2010 8:39:00 AM
This is interesting.
http://www.traderinterviews.com/content/KaseBars.php
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marine2 963 posts msg #94322 - Ignore marine2 |
6/26/2010 2:14:32 PM
Interesting yes. Looks like a graphing tool like the commentator said to smooth the actions out. We have an Average True Range in our repitoire of Indicactors and Measures section that supposedly smoothes the actions out as well. I guess whatever floats your boat. But perhaps Stock Fetcher staff could incorporate the Kase Bar strategy into a working tool for us here? Happy investing.
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Eman93 4,750 posts msg #94325 - Ignore Eman93 |
6/26/2010 3:10:02 PM
Whats interesting is the then you plot your indicators off the Kase Bars... they plot independent of time.
I wonder if it would make much of a difference on a daily time frame.
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Kevin_in_GA 4,599 posts msg #94334 - Ignore Kevin_in_GA |
6/26/2010 5:44:49 PM
This is more easily done using existing alternate plotting methods:
Renko:
http://stockcharts.com/h-sc/ui?s=XLE&p=D&yr=1&mn=0&dy=0&id=p85968310395
Three Line Break:
http://stockcharts.com/h-sc/ui?s=XLE&p=D&yr=1&mn=0&dy=0&id=p30701024199
Point and Figure (the original time independent plotting method):
http://stockcharts.com/webcgi/Pnf.asp?S=XLE
Why can't SF do these types of plots (or develop screening systems using these types of data manipulations)?
When you finish upgrading the watchlists, come back and fix graphical representation please.
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