Technical Analysis Software | Mcx Software | Commodity Software | Mcx Charting Software| NSE Nifty Software | Forex Software | Currency Software With Buy Sell Signals

Home   Products   Price   Payment   Downloads   Contact Us

Ultimate Trading Strategies for Stock, Forex or Commodity Market.

Buy/Sell with Stop Loss Predefine Trading Strategies Software.

Vogaz Technical Analysis Software and Vogaz Trading Strategies Software.


Three Line Break charts display a series of vertical boxes that are based on changes in prices. It ignores the passage of time. The Three Line Break charting method is so-named because of the number of lines typically used.

The three line break chart is similar in concept to point and figure charts. The decision criteria for determining are somewhat different. The three-line break chart looks like a series of rising and falling lines of varying heights. Each new line, like the X of and O of of a point and figure chart, occupies a new column. Using closing prices (or highs and lows), a new rising line is drawn if the previous high is exceeded. A new falling line is drawn if the price hits a new low.

The term "three line break" comes from the criterion that the price has to break the high or low of the previous three lines in order to reverse and create a line of the opposite color. The Three Line Break Charts are actually Any Line Break Charts. 

The following are the basic trading rules for a three-line break chart-

Buy when a green line emerges after three adjacent black lines (a green turnaround line).

Sell when a red line appears after three adjacent white lines (a red turnaround line).

Avoid trading in trend less markets where the lines alternate between red and green

  Line Break charts are always based on closing prices.

An advantage of Three Line Break charts is that there is no arbitrary fixed reversal amount. It is the price action, which gives the indication of a reversal. It is use to determine the prevailing trend.

The disadvantage of Three Line Break charts is that the signals are generated after the new trend is well under way. However, many traders are willing to accept the late signals in exchange for calling major trends.

You can adjust the sensitivity of the reversal criteria by changing the number of lines in the break

Three Line Break chart focus on price, eliminate much of market noise & identify trend more clearly. Combined with candle signals, they can be the basis of an effective trading strategy

Go Back to Previous Page
DownLoad Now
1 Days Free Trial Version

Help Line No.:

0 9810 668830

0 8130 663355

0 8130 558877

0 8130 556688

Office Time

Monday to friday

Time 9:30 AM to 5:30 PM


Time 10 AM to 1 PM

Sunday off

Please don't ask

for Trial

Again & Again

If you have any problem
in download and installation
the software then call us.


Profitable Trading System

with Unique Loss &

Profit Protection Algorithm

Low Risk High Reward

Trading System For

Shares & Commodities

MCX SHARES Softwares

Shares Tips And Calls Software

Commodity Tips And Calls Software

Unique Trading Strategies

Developed for Gold &

Silver Traders

Real Time Advanced

Trading Strategies


Real Time Swing Trading

Strategies for Stocks,

Commodities and Forex

Trend following strategies

and Top-performing trading

strategies software for

active day traders

mcx nse bse nifty trading calls tips software

Ultimate Trading Strategies

for Stock, Forex or

Commodity Market.

Buy/Sell with Stop

Loss Predefine Trading

Strategies Software.

Vogaz Technical Analysis

Software and Vogaz

Trading Strategies


Facebook   Twitter  
YouTube   Blog   Flickr  
LiveJournal   Weebly  
Explore Vogaz : Technical Analysis Software| Free MCX Software
Home Exchanges Technical Indicators Features Forecaster Predictor Scanner Tips and Call Software
Technical Analysis Software Dashboards Strategies Charts Price Styles Estimator Heat Map Shares
F&O Commodity Products Dashboard Charts MCX-SX MCX SPOT NCDEX SPOT
Price Payment Blog Contact
Use of this Site is subject to express Terms of Use. By using this Site, you signify that you agree to be bound by these    Terms of Use.
Copyright 2013 vogaz. All rights reserved. Reproduction of News, Articles, Photos, Videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.
Find us on Google+ VOGAZ