Load the file SimulatedStock.mat, which provides a timetable (TMW) for financial data for TMW stock. This Linebreak chart is for closing prices of the stock TMW for the most recent 21 days. Note that the variable name of asset price is be renamed to 'Price' (case insensitive).
Data for a series of prices, specified as a matrix, table, or timetable.
Timetables and tables with M rows must contain a variable
named 'Price' (case insensitive).
Data Types: double | table | timetable
(Optional) Valid axis object, specified as an axes object. The linebreak
plot is created in the axes specified by ax instead of in
the current axes (ax = gca). The option
ax can precede any of the input argument
combinations.
A line break chart is a type of financial
chart used to represent price movements of an asset over time, focusing on price
action rather than time intervals.
The line break chart is particularly useful for identifying trends and reversals
in price movements without the noise of time-based charts, such as candlestick or
bar charts. Line break charts help traders and analysts make decisions based on
significant price changes. A line break chart contains a series of vertical lines
that represent price movements. Each line is drawn based on a specific price
threshold rather than a fixed time interval. The chart consists of a series of
"lines" that change direction based on price movements. A new line is drawn when the
price moves a certain amount beyond the previous line.
linebreak accepts Data input as a matrix,
timetable, or table.
The syntax for linebreak has changed. Previously, when using
table input, the first column of dates could be serial date numbers, date character
vectors, or datetime arrays, and you were required to have specific number of
columns.
When using table input, the new syntax for linebreak supports:
No need for time information. If you want to pass in date information,
use timetable input.
No requirement of specific number of columns. However, you must
provide valid column names. linebreak must contain a
column named ‘price’ (case insensitive).
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