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I have a problem with this as well, but I think you need to specify the software you use, because the functions used by each software are definitely different.
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The tower indicator, also known as the pagoda line indicator, is a medium- to long-term technical analysis tool similar to ** and dot charts and focuses on stock price analysis. So how do you draw a pagoda line tower? Let me introduce you below.
How to draw pagoda lines.
The pagoda line tower indicator is based on the **dust and ** price as a reference, when the stock price ** uses the white line (or red line), when the stock price ** uses the black line (or green line), so as to judge the future trend of the stock price through the change of the black and white bar line. Unlike other technical analysis indicators, the Pagoda Line indicator is not calculated by a formula, but is formed by the use of charts.
Due to the different chart periods selected, there are many types of pagoda line tower indicators, including daily pagoda line indicators, weekly pagoda line indicators, monthly pagoda line indicators, annual pagoda line indicators, Suige Town and minute pagoda line indicators. It is often used to judge the daily pagoda line indicator and the weekly pagoda line indicator. Taking the daily pagoda line indicator as an example, its specific drawing method is as follows:
1. When the stock price is **, it is represented by a white (or red) hollow bar, and when the stock price is **, it is represented by a black (or green) solid bar.
2. Take the ** price of a certain day as the benchmark price, and draw the rise and fall of the **** price on the chart in turn every day.
3. If the stock price of the previous day is a white rod that rises, and the next day**, the part of the decline of the stock price that does not fall below the low point of the white bar of the previous day is still used in the white bar, and the part that falls is represented by the black bar.
4. If the stock price of the previous day is ** black rod, and the next day**, the part of the stock price that has not risen past the high point of the black bar on the previous day is still used in black bar, and the part that has risen is represented by white bar.
5. The future of the Japanese ** painting method in turn.
The characteristics and drawing method of the pagoda line are similar to the dot chart, which does not record the stock price change process of each cycle, but records it when the stock price hits a new high or a new low, which is different from the drawing method of **. Since the current pagoda line on the technical analysis software is automatically generated by the computer, therefore, investors do not need to draw their own, here is mainly by understanding its calculation process to achieve familiarity with the pagoda line indicator.
As with other indicators, there are various types of tower indicators, such as daily, weekly, monthly, yearly, and minute, depending on the calculation period. It is often used to judge the daily tower indicator and the weekly tower indicator. Although they are calculated differently, the basic calculation method is the same.
In addition, with the development of software analysis technology, investors only need to master the basic principles and calculation methods of tower formation, and do not need to calculate the value of the index, and more importantly, use the tower index to analyze and judge.
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The pagoda is painted as follows:
Materials: a pen wide row, a piece of paper.
1. First of all, let's write a 1, and the double layer gets 1. Then draw a line for 1.
2. Then we draw the first layer of the pagoda.
3. Then we paint the second layer of the pagoda. Note that one layer is smaller than the other.
4. Then we painted the third layer of the pagoda, which is even smaller.
5. Then continue to draw the pagoda to get pointed.
6. Continue to draw the outline of the pagoda to draw black. Retouch it up.
7. Finally, paint a small window for the pagoda. The pagoda stick figure is finished.
Pagoda
Buddhist buildings. It was originally a place for the burial of Buddha relics. There are seven treasures decorated in the solid brigade, so it is called the pagoda, and then it is the good name of the tower.
The Lotus Sutra. See the pagoda product": "At that time, there are seven pagodas in front of the Buddha, five hundred and fifty in height, two hundred and fifty in length and width, and they come out of the ground and live in the air.
All kinds of treasures and Zhuang school, five thousand columns, tens of millions of niches, countless flags to be strictly decorated, hanging treasures, treasure rings trillion and hanging on it. ”
The pagoda is a traditional Chinese building. In the vast land of China, you can see ancient pagodas that have been preserved to this day everywhere. In fact, the pagoda is not "originated" in China, but originated in India.
In the Han Dynasty, as Buddhism spread from India to China, the Demolition Pagoda was also "imported" to China. "Tower" is the transliteration of Indian Sanskrit, the original meaning is the tomb, which is the place used to bury the ashes of ancient Indian monks after their death.
Around the first century A.D., India's stumbling wave was introduced to China with Buddhism, and the word "tower" also came into being (the word "tower" is not only pictographic, but also covers the sound and meaning of stupa, from the side of "soil", containing the meaning of bones or "relics" buried under the sealed soil).
However, China did not breed the social soil of Indian Buddhism, Buddhism had to rely on the traditional ritual system of ancestral shrines, and the pagoda was also combined with the classical pavilion and pavilion, "hanging copper strings on the top of the nine-fold, and the bottom of the heavy pavilion road";
That is, on the top of the multi-storey pavilion, a tower with a nine-layer phase wheel is added. (During the Three Kingdoms, Zhenrong built a Buddhist temple in Xuzhou, built a tower in the temple, the tower name is the Nine Mirror Tower, the form of the tower is the top of the tower "hanging copper hole nine times, the lower is the heavy pavilion road").
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Drawing a pagoda, drawing it with graphics, it's relatively simple, let's draw a pagoda below.
Paper and colored pencils. 01 Prepare a piece of paper and a colored pencil.
02 Draw a triangle on the paper with a colored pen to represent the tip of the pagoda.
03 Draw a circle under the pagoda. Indicates the beads on the top of the pagoda.
04 Draw a triangle under the beads to represent the top of the tower.
05 Draw a rectangle under the top of the tower to represent the third floor of the tower.
06 Draw a trapezoid under the rectangle to represent the top of the tower on the second floor.
07 Draw a rectangle under the top of the second floor tower to represent the second floor of the tower.
08 Draw a trapezoidal shape below to represent the top of the tower at the lowest level.
09 Draw a rectangle under the trapezoid, representing the lowest level of the tower.
10 And he drew half an oval in the rectangle to indicate the opening.
11 Finally, paint the pagoda with a colored pen, and the pagoda is finished.
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How to draw the pagoda simple and beautiful is as follows:
1. Draw a triangle on the paper with a colored pen to represent the tip of the top of the pagoda. Draw a circle underneath the pagoda. Indicates the beads on the top of the pagoda.
2. Draw a triangle under the beads to represent the top of the tower. A rectangle is drawn under the top of the tower to represent the third story of the tower.
3. Draw a trapezoidal shape under the rectangle to represent the top of the tower on the second floor. Draw another rectangle below the top of the second tower to represent the second tower.
4. Draw a trapezoidal shape below to represent the top of the tower at the lowest level.
5. Draw a rectangle under the trapezoid, representing the lowest level of the tower. Draw a half oval on the inside of the rectangle to indicate the doorway.
6. Finally, use a colored pen to paint the pagoda, and the pagoda will be painted.
"Lotus Sutra Pagoda Product": "At that time, the Buddha was divided into half a seat in the pagoda and Shakyamuni Buddha. ”
Tang Wang Wei "For Shun Yan Li Xie Yu Title Datong Dazhao Monk Tower Forehead Table": "Descend out of the gate of heaven and ascend to the pagoda." ”
Qing Gu Zhang Si's "Tufeng Lu" volume 4: "It was originally decorated with many treasures, so it was called a pagoda, and now it is called a pagoda made of tiles and bricks." ”
** "Yan'an Pagoda Song": "Yan'an has a pagoda, towering on the mountain. See " Stupa ".
Pagoda, a Chinese word, pinyin is bǎo tǎ, and the meaning is pagoda. It was originally a beautiful name, and later it was called a tower.
The above content reference: Encyclopedia - Pagoda.
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What does the pagoda line mean.
When investing in foreign exchange, the pagoda line is an important foreign exchange technical analysis, and many investors do not know much about the pagoda line. Today, the author will give you a comprehensive overview of the pagoda line, hoping to help your investment.
The pagoda line is to distinguish the rise and fall of stock prices with red and green bar lines to judge the rise and fall trend, and with **, moving flat**, it is easier to judge the future trend. The drawing method of the pagoda line is to draw the stock price as a red line, and the price of the price as a comparison, using this line to judge the trend of the stock price rise, mainly in the line to turn white or black mastery.
The pagoda line turns red for the actual buy, and the stock price will extend a period of rise**.
If the pagoda line turns green, it is the time to sell, and the stock price will extend for a period of ****.
When the general trend index or ** price of the day is higher than the highest ** price of the last three black candles, it is a buy signal.
When the general trend index or ** price of the day is lower than the lowest ** price of the last three white candles, it is a sell signal.
During the game, the pagoda line turned red slightly, and the small green turned green.
When using the skill handicap or high-grade pagoda line is long green, it is advisable to take profits immediately, turn green ** for a period of time, suddenly turn red, it may be a false breakthrough, it is not advisable to rush in, it is best to cooperate with ** and volume observation for a few days before making a decision.
The pagoda line is suitable for the operation of the **, but it is best to cooperate with the **, moving flat** and other indicators together, which can reduce the chance of misjudgment, such as the ten-day moving flat ** flat, the pagoda line turns green, that is, it needs to be sold.
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The pagoda line is a line that divides the rise and fall of stock prices with a white and black (imaginary, solid) solid bar line, and studies its rise and fall trend. Its characteristics are similar to those of a dot chart, that is, it does not record the process of stock price movements on a daily or weekly basis, but is recorded and plotted when the stock price continues to make a new ** (or a new low price), or reverses to rise or **. Principles of application The main points of general pagoda line analysis are as follows:
1) After the pagoda line turns white (red), the stock price will always extend a period of upward trend in the future**. (2) After the pagoda line turns black, the stock price will always extend a period of decline in the future**. (3) During the game, the small turn of the pagoda line is white, and the small turn of black can be decided according to the size of the set loss point or profit point.
4) When the pagoda line is long and black when the market or high-end, it should be profit-taking and selling the holdings in your hand; On the contrary, turning white and going up is the time to intervene. (5) If the pagoda line analysis can be used together with **, mobile level**, etc., the effect is better. (6) After the pagoda line turns black ** for a while, it suddenly turns white, and it must be prevented from being a false breakthrough, and it must not be rushed in immediately, and it must be observed for 3 days.
It is best to cooperate with ** and volume observation before making a decision.
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Pagoda Line:
The Pagoda Line indicator, also known as the Pagoda Line Indicator, also known as the Tower (TWR) indicator, is a medium- and long-term technical analysis tool that focuses on stock price analysis. The pagoda line indicator is similar to the ** chart and the dot chart, which applies the principle of trend line, introduces the concept of support area and pressure area, and distinguishes the rise and fall of stock prices with bars of different colors (red and green, black and white, and imaginary entities). It mainly shows the process of competition between long and short stock prices and the change of strength in the chart, so as to judge the future trend of stock prices and choose the appropriate time to buy and sell.
The principle of the tower indicator in this paragraph.
The pagoda line mainly applies the principle of the trend line and introduces the concept of support zone and resistance zone to confirm whether the ** is reversed. For the direction of change that may occur in the development of the first class, do not make subjective speculation, but do objective recognition, which is different from other indicators. The pagoda line indicator believes that if the upward trend of a **vote** has been confirmed, you should buy ** and hold the shares, not to take the initiative ** high point of the stock price in **, but to start to be careful when the stock price shows signs of reversal from a high level, and once the stock price head appears and a sell signal appears, then make the corresponding sell action.
On the contrary, if the trend of a ticket is formed, you should sell, leave the market and wait and see, not easily, the bottom is in, but only start to take action when the stock price reverses upward from the low and there is a signal. From the above, it can be seen that the pagoda line indicator believes in the investment philosophy of "rising without saying the top" and "falling without saying the bottom", which tells investors not to deliberately go to the position of the high or low point of the stock price, but to wait for the possible high or low point to take the corresponding sell or ** decision. Generally speaking, according to the method revealed by the pagoda line indicator to buy and sell, although it is possible to sell at the high point or at the low point to cause a partial profit loss, but this method will not miss the emergence of the rise or avoid the existence of the ****, and will not be easily shaken out of the position in the consolidation on the way up.
Therefore, the pagoda line indicator is more suitable for investors who operate steadily.
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The pagoda line is to divide the rise and fall of the stock price with the red and green solid bar line, which does not record the daily or weekly stock price change process, but when the stock price continues to create a new ** (or a new low price), or reverse the rise or **, and then record and draw.
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Overview of the Pagoda Line:
The pagoda line uses white or black solid bars to represent the rise and fall of stock prices, and there are also red and green solid bars on the software.
The pagoda line is very vivid and clear about the long and short fighting process and the transformation of the power of the long and short sides in the pagoda line graphic, and more importantly, it also shows the timing of buying and selling, it generally only takes the daily ** price as the only value parameter, filtering the ** figure in the deception line of many bookmakers.
In a sense, as long as the stock price trend is **, the pagoda line will always keep the red body upward, especially in tracking the trend of strong stocks.
How to operate the pagoda line:
1. When the stock price is sideways at the bottom for a long time, there is a sudden appearance of a long upward breakthrough of the Dayang Bitan line, if the pagoda line also appears a long upward white bar line, it means that the rise in the stock price has begun to establish, and investors can buy in time.
2. When the stock price rises in the medium and long term, the stock price of the stock price appears to alternate between small yin and big yang, as long as the pagoda line has maintained the state of the white bar line, indicating that the stock price has risen strongly, investors should insist on holding shares all the way to rise.
3. When the stock price is on the way to decline in the medium and long term, the stock price has a downward trend of alternating between big yin and small yang, as long as the pagoda line has maintained the state of black and dusty rod line, it means that the stock price is declining, and investors should resolutely hold the currency all the way to wait and see.
This point and the above point are extremely accurate in judging stock price trends.
4. When the stock price has a large range of **** after a period of time, if the stock price ** at the high level of a longer body to break through the yin line, the socks touch the pagoda line also appears a body long downward black bar line, indicating that the stock price has begun to fall, investors should sell in time.
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