Page 98 - ART® Study Manual html5 - flash

® “Home-Study Course” Study Manual Page 98

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New information coming into the market will cause traders to either
Buy or Sell. This will cause the price to change. The outcome of that
action is represented in the price bar. By comparing the current price
bar to the previous price bar, we can see that either this new
information had a positive effect or a negative effect on price.

Either way, you are looking at how the market is responding to new
information such as a news event. In the ART® approach to price bar
meaning, it is important to realize that ART® determines if a price bar
is bullish or bearish by where prices CLOSE in relation to where prices
have traveled on the price bar itself. Notice I did not say open!

Price Bar “ART® Chart” Colors

ART® “Charting Software” colors price bars on your chart as follows:

1. Bullish Price Bar = Green
2. Neutral Price Bar = Black
3. Bearish Price Bar = Red

NOTE: These are the “Default” colors. You can change the
defaults by referring to your “Charting Software” User’s Manual
and following the “User Input” instructions.

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