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Bamboo line index formula
The indicator formula of bamboo chart a 1 is equal to closing times vol divided by closing times 100. Bamboo chart, also known as bamboo chart, is the English name of American bar, which can be said to be the linear change of K-line chart, and a vertical line segment represents the price change of each trading day or trading cycle.

Characteristics of index formula of bamboo line diagram

The top of the line segment represents the highest price of the day, the bottom represents the lowest price of the day, and the small horizontal line extending to the left represents the opening price and the small horizontal line extending to the right represents the closing price. When the closing price is lower than the opening price, it is a red positive line, when the closing price is higher than the opening price, it is a negative line with a green line, and when the opening price and closing price are equal to the closing price, it is a white cross.

A typical weekly or monthly chart covers a period of time that requires a series of contracts. Usually, the recent futures method is used to combine these contracts to draw a contract until the contract expires, and then draw subsequent contracts until the contract expires, and so on. Bamboo chart is the simplest price chart, which can be divided into time-sharing chart, daily chart, weekly chart and monthly chart according to different time.