Mechanics and Dynamics of Charting
figure 3.12 A Point and Figure Chart of Google Inc.
Courtesy of Stockcharts.comfigure 3.13 A Renko Chart of iPath Dow Jones‐AIG Coffee Total Return Sub‐Index.
Courtesy of Stockcharts.comConstant‐volume Charts
In constant-volume charts, a new bar is plotted once the minimum vol-
ume traded is met. Below are the characteristics associated with constant‐
volume charts:■ (^) The bar range is variable
■ (^) The bar duration is variable