Chapter 11. History and Construction of Charts
Chapter Objectives
By the end of this chapter, you should be familiar with
• The advantages of presenting price information in a picture, or chart, format
• The construction of line charts
• The construction of bar charts
• The construction of candlestick charts
• The construction of point-and-figure charts
• The differences between arithmetic and logarithmic scales
Chapter Summary
History of Charting
Charts are merely graphical displays of data and are the traditional tool of the technical analyst. The invention of the ticker tape revolutionized charting in the late 1800s. More recently, computer technology has simplified the task of constructing charts.
What Types of Charts Do Analysts Use?
A ...
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