How to Calculate 3 Line Break Charts
3 Line Break Charts are a fascinating way to view the markets. Developed in Japan, they use a breakout system to simplify the trading screen. It is easy to identify the dominant trend and spot potential reversals. In this video, I show how they are calculated and can be used in trading strategies.
▶The spreadsheet shown in this video is available for free. Just sign up for the Tradinformed newsletter: https://www.tradinformed.com/about/su...
▶I have carried out a backtest of a simple 3 line break strategy. You can read the article here: https://wp.me/p32qmZ-Z6
▶Check out my other Technical Indicator videos: • How to Calculate the SuperTrend Indicator ...
▶Learn more about Candlestick Trading: • How to Improve your Candlestick Trading Su...
▶How to calculate popular indicators using Excel is the subject of my eBook, available in the Amazon Kindle Store: http://amzn.to/13g47xi
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