Category: Raindrop Charts
07/18/2019
TrendSpider’s Presentation for the CMT Association’s Educational Web Series: Raindrop Charts
Raindrops are a very unique feature on the TrendSpider platform that allows users to visualize volume flow throughout a time period. This is very useful to see where supply and demand areas are throughout the day and how that has […]
07/16/2019
Raindrops vs. Japanese Candlesticks: More Insights With Zero Noise
Raindrop Charts are a new kind of financial chart designed to let you to see what’s happening in the market from a unique perspective. Raindrops are built from the same market data as Japanese candlesticks, but incorporate volume into the final […]
06/10/2019
Use Raindrops to Supercharge Your Favorite Indicators Through Native Volume-Weighting
Raindrop Charts are a new type of financial chart that leverages volume data to render visualizations that demonstrate not just where price moved, but how volume was distributed along with this move. In order to facilitate this type of chart, […]
05/30/2019
Blue Raindrops: Potentially Effective for Identifying Support/Resistance & Reversal Levels
On Raindrop Charts, the color of a Raindrop depends on the relative position of the Left and Right mean (VWAP) prices to each other. The logic is similar to Japanese Candlesticks or Bars: It’s red if Right is less than […]