Loading ...Those (My) charts are Renko charts a Japanese style that has features of point &figure charts and as such they don’t have much of a time line ,but thet do eliminate daily jiggles of daily fluctuations and are used to keep you on tract or on trend .The so called time is created by new tops or bottoms or (change of direction) so the time line really is the recorded point trend continued up or down or when direction was changed .It is not a daily data point .If you do a little study on point & figure it will become more clear how a Renko chart records.Also since RSI and other momentun indicaters need to be of shorter duration and not the normal .I also discovered that a moving average of 8 works mysteriously well while other don’t work at all ! It seems the Fibonacci numbers work well like 3-5-8 which seems to make sence because they represent natural turning points of a natural sort rather than a daily average which Renko does not record at all. Fibonacci was very perceptive Italian mathmatician.! On almost all my charts of any sort I use Fibonacci numbers for moving averages ,momentum indicaters etc.They are natural turning points in the natural world.In the plant world they show where growth stops and starts a new like branches on a tree. Why not work with Mother Nature ? I also noticed that the Stock Market moves in 8ths ,not the decimal system the schools teach.Music is the same ,Octaves ,No ? the’re 8ths No? try teaching Music in decimals haha.. Schools like to teach the easy way ,not the right way…!
I march to the tune of a different drummer !