Charting Renko, Kagi, Point and Figure, Line Break and Heiken-Ashi chart types at TradingView

Price-based charts get their name because they take into account only price movements and ignore time and volume.

Point and Figure

This chart type only plots price movements, without taking time into consideration. A column of X’s is plotted as the price rises—and O’s as the price drops.

If you hold SHIFT while drawing a line, it will draw at a perfect 45 degree angle. This is especially useful when working with Point & Figure charts.
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Renko

This chart type only plots price movements, without taking time or volume into consideration. It is constructed from ticks and looks like bricks stacked in adjacent columns. A new brick is drawn after the price passes the top or bottom of previously predefined amount.

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Kagi

This chart type looks like a continuous line that changes directions and switches from thin to bold. The direction changes when the price changes beyond a predefined amount, and the line switches between thin and bold if the last change bypassed the last horizontal line.

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Line break

This chart type only plots price movements, without taking time or volume into consideration. This chart type displays a series of vertical boxes that are based on price changes.
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Heiken-Ashi

Heiken-Ashi means “average bar” in Japanese. Open, High, Low and Close prices of HA candlesticks are not actual prices, they are results from avergaing values of the previous bar, which helps eliminate random volatility.
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March 28, 2013
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