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: www.tradinform...
▶I have carried out a backtest of a simple 3 line break strategy. You can read the article here: wp.me/p32qmZ-Z6
▶Check out my other Technical Indicator videos: • How to Calculate the S...
▶Learn more about Candlestick Trading: • How to Improve your Ca...
▶How to calculate popular indicators using Excel is the subject of my eBook, available in the Amazon Kindle Store: amzn.to/13g47xi
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[@redefamatv]

thanks for sharing Mark......could you share with us which trading plataform are you using in that video???

[@Terra_Cognita]

Hi Mark, could i ask why in your calculation do you do find the min/max of both OPEN and closes of the preceding linebreak values. I thought that only the closes matter?

[@menluna694]

Where is the free excel sheet can you please provide the link, I cannot see it even after signing up. Thanks,

[@MarkUrsell]

Hi, the link is sent automatically but sometimes the email is stopped by a spam filter. Contact me at www.tradinformed.com/contact and I will sort it out.

[@billmietelski]

Bill was here..