Raindrop Charts®
-
There are many different types of charts used by traders and financial analysts to outline the changes in price action over a period of time like Traditional Japanese Candlesticks (and price bars), Hollow Candlesticks, Heikin Ashi, etc. However, many of these chart types do not recognize trading...
-
To read the original white paper published by TrendSpider’s CTO, please click on the following link. https://trendspider.com/whitepapers/raindrops_280519.pdf
-
There are many different types of charts like Lines, Bars, Candles, Heikin Ashi, etc, that help the traders to track the movements in price actions but these often fail to factor in the trading volume. As a result, the traders are left with no other choice but to use a secondary sub-chart or an i...
-
TrendSpider can automatically detect the Raindrop Patterns on the Raindrop chart for a timeframe equal to or more than 10 minutes and up to a month. In this documentation, we will explore how to navigate to access the Raindrop Patterns setting and the four types of Raindrop Patterns that you can ...
-
Raindrop Chart Volume Weighting Effects on Indicators & Auto Trendlines
Many indicators, such as Simple Moving Averages, Exponential Moving Averages, Bollinger Bands, etc. can be plotted on the Raindrops chart, but before doing so it is important to understand the context of how it works. Raindrops do not have open or close prices like traditional candles. They have ...