: An explanation of ancient trading rules and patterns used to predict future price movements. Complex Candle Colors
Context and Influence
The book focuses on the "candlestick" (or Kaisen ) method, which offers several unique advantages: Seiki-shimizu-the-japanese-chart-of-charts-pdf
Shimizu modified standard candlesticks. He introduced the "Kage" (shadow) concept. In his chart, he does not just look at the wick; he measures the ratio of the upper wick to the lower wick against the average true range (ATR). : An explanation of ancient trading rules and
The term "Seiki" can translate to "Holy Spirit" or "Essence of the Era," while "Shimizu" means "Pure Water." True to his name, Shimizu believed that price action moves in pure, predictable waves, but that single indicators distort this purity. His solution was a composite chart—a multi-layered dashboard overlaying: In his chart, he does not just look