Image 1. EquiVolume charts by R. Arms.
EquiVolume charts can be used for plotting frames of the Japanese candlesticks, which allows traders to use prices and trades' volumes in this technique.
CandleVolume charts are plotted according to the same rules, as simple candlesticks, but in this case, the width of the candlestick basis depends on the trading volume within a particular period. Thus, the basic disadvantage of the classical Japanese candlesticks is the absence of the trade volume analysis. The wide and short bases of CandleVolume charts correspond to the reversal periods, and the high and narrow ones - to a trend. The most important for the analysis are the bars, breaking through support and resistance lines. Meanwhile, the power boxes which are wide and high at the same time serve as a solid confirmation of a breakout.