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==Understanding Line Break Chart Type==
[[File:LBChart1.png|right|LB]]The concept of the Line Break chart is similar to Point and Figure charts. It is made up of a series of vertical blocks called lines that use close prices to indicate market direction. The Line Break chart looks like a series of rising and falling lines of varying heights. Each new line, like the X's and O's of a point and figure chart, constitutes a new column. Using close 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.
==Selecting Line Break Chart Type==
#Open the '''Format Instrument''' window by one of the following methods:
#*Click the '''New Chart Window''' http[[File://www.multicharts.com/img/wiki/toolbar/05_Create_New_Chart_WindowNew_Chart.png ]] icon on the Main toolbar; or:
#*Use the '''Insert''' key on the keyboard; or:
#*In the main menu select '''File''', then point to '''New''' and click '''New Chart Window'''.
# Open the '''Format Instrument''' window by one of the following methods:
#* Click the Format Instrument icon on the Chart Analysis toolbar; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button; or:
#* Position the mouse pointer over the symbol's data series; double-click once the '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] changes into a '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]]; or:#* Position the mouse pointer over the symbol's data series; once the '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] changes into a '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], right-click and then click '''Format''' 'Symbol Name'; or:
#* Right-click on an empty area of the chart and then click '''Format Instrument'''; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button; or:
#* Select '''Format''' in the main menu and click '''Instrument'''; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button.
# To use these style settings for all new charts of this type, select '''Use as Default''' check box.
===Auto trading orders on Line Break Chart Type===
There are some differences between Regular and Line Break chart types with regards to order generation in real time and backtesting.
====Backtesting and Data Playback====
There is no difference between order generation on Regular and Line Break chart types with regards to Backtesting and Data Playback.
====Real-Time simulation====
{| class="wikitable"
| Buy next bar at market
| Order is placed on the first tick of the new bar, i.e. on the Open of the next bar.
| Order is placed at the price of the first received tick, this tick may not be a part of a box, in this case the order is displayed not on OHLC of the box but on the price level of the first received tick. <br> http://www.multicharts.com/img/wiki/charts/LineBreak1.PNG
|-
| Buy this bar at close
|}
====Auto Trading====
There is no difference between order generation on Regular and Line Break chart types with regards to Auto Trading.
