Linear Price Bars by Shifting Candle Opens to Zero

Summary

The document describes a candlestick indicator that shifts every bar’s Open price to zero, presenting price movement in a normalized visual form. It identifies the indicator as an implementation originally published in 2007, but provides no calculation details beyond the Open-price shift.

No performance evidence, trading rules, or examples are included. The description is therefore useful only as a brief explanation of the chart transformation; it does not establish how to interpret the display or whether it improves analysis.

Key ideas

• The indicator shifts the Open price of each candlestick to zero.
• It changes the visual representation of candles rather than specifying a trading strategy.
• The document provides no evidence about signal quality or trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.