AI responses may include mistakes. For financial advice, consult a professional. Learn more Beyond Candlesticks - Amazon.in
by Steve Nison is a seminal technical analysis book that introduced advanced Japanese charting methods to Western traders. Known as the "Father of Candlesticks," Nison expands beyond basic candle patterns to provide a more comprehensive view of market psychology and momentum. Key Techniques Introduced beyond candlesticks
: A Japanese version of moving average analysis that measures the percentage difference between the current price and a moving average to identify overbought or oversold conditions. Core Concepts & Benefits AI responses may include mistakes
: These charts only add a new line when the price breaks above or below the prior three lines, making them excellent for identifying major market trends and reversals. Known as the "Father of Candlesticks," Nison expands
: Using equal-sized "bricks" to represent price movements, Renko charts ignore time entirely. A new brick is only added when price moves a predetermined amount, helping traders see clear trends without session volatility.
: The book explains how to merge these exotic techniques with traditional Western technical tools like support/resistance and volume for a "hybrid" approach. Shopping Options