started please download the following expert advisor‚ and save it in a folder on your desktop. Renko Live Chart V3.2 So this is how we install the Renko Live Chart EA. What Does Renko Chart Mean? A type of chart‚ developed by the Japanese‚ that is only concerned with price movement; time and volume are not included. It is thought to be named after the Japanese word for bricks‚ "renga". A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the
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FreeStockCharts.com Chart Set-up Note: Thanks to Alan Profitt‚ a member of MHT‚ for providing the text for this paper. FSC offers PVT and MFI indicators along with a beautiful chart to help you in MHT. SAY AGAIN? Freestockcharts.com (FSC) by Worden offers‚ not only a beautiful chart with very good indicators (almost more than you can comprehend)‚ but it really is free. In the Morning Hours Trading (MHT) chat room you will hear many refer to an indicator only on FSC. It is Price Volume Trend
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White Paper Multiple Activity Charts Multiple Activity Charts (or Multi-Activity Charts) are a very useful tool for understanding the flow of work in a cyclical process and as a consequence understanding which resource is controlling the overall progress of the work. The tool can be used to model different scenarios to determine the optimum mix of resources for the work. The example below is based on using a tower crane to lift concrete from the street to a high floor for placing. Each resource
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Pie Charts An important part of decision making is having a clear understanding of the information used to base decisions from. Charts can be valuable when a need to represent numerical data would benefit communicating information visually. Some of the most important aspects of a good chart are to select the right type of chart (or graph) that can best characterize the data‚ also‚ to keep the design simple in order for an audience to easily understand the information. One of the most popular types
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Control Charts Control charts‚ also known as Shewhart charts are tools used to determine if a manufacturing or business process is in a state of statistical control. The control chart was invented by Walter A. Shewhart‚ (also known as the father of statistical quality control) while working for Bell Labs in the 1920s. The company’s engineers were seeking to improve the reliability of their telephony transmission systems. The engineers had realized the importance of reducing variation in a manufacturing
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Exercise 11 Aim: Preparation and analysis of Pedigree Charts Principle: The Mendelian concept of dominance and segregation can also be studied in humans by preparing and then analysing the pedigree charts. The internationally approved symbols for indicating males and females‚ marriages‚ various generations (I‚ II‚ III)‚ etc.‚ are given below. Requirement: Information about characters/traits in a family for more than one generation Procedure Select a family in which any one of the monogenic
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The Program Evaluation and Run Technique (PERT) chart is a model for project management. It is a tool designed to represent the tasks involved in a project and analyze the time required for completion during the project management life cycle. It also helps to identify the minimum time required to complete the project. It was developed to simplify the planning and scheduling of a project where all the details and durations of the activities are not known at the start itself. It is used especially
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Gantt charts have become a common technique for representing the phases and activities of a project work breakdown structure (WBS)‚ so they can be understood by a wide audience all over the world. The technique is frequently used in Project Management to help breakdown the project.[5] A common error made by those who equate Gantt chart design with project design is that they attempt to define the project work breakdown structure at the same time that they define scheduled activities. This practice
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Henry Gantt’s legacy to production management is the following: * The Gantt chart: Still accepted as an important management tool today‚ it provides a graphic schedule for the planning and controlling of work‚ and recording progress towards stages of a project. The chart has a modern variation‚ Program Evaluation and Review Technique (PERT). * Industrial Efficiency: Industrial efficiency can only be produced by the application of scientific analysis to all aspects of the work in progress
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item being studied for compliance to a Quality Standard. Here it is a dimension such as the contents of a jar of fruit jam‚ the size of a pair of shoes etc. These are called X-bar and R charts. One calculates X-bar-bar and R-bar averages and these are the centre lines of the SPC run-charts that will be drawn. The charts MUST have these centre lines PLUS upper and lower control AND range limits. The points on these graphs MUST be joined so that a reader can follow the level of quality versus centre lines
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