Granthara03.04.03Saving layouts per strategy, not per stock

03.04.03 · Saving layouts per strategy, not per stock

PreviouslyAn indicator earns its panel by naming its question, its input and the condition for removing it.

The layout belongs to the question, not the company.

You will look at hundreds of companies. You will ask them about four or five things, over and over, for years. One of those numbers is the number of saved layouts you need, and it is not the first one.

A company is something you look at once or twice. A question is something you ask forever.

Updated

1
Layout per question you ask more than once
Part 03 · The Chart Workspace
  1. 03.04.01 A minimal, repeatable chart template
  2. 03.04.02 Why fewer indicators produce a repeatable decision
  3. 03.04.03 Saving layouts per strategy, not per stock
0 of 3 read
Learn

Which thing actually repeats

A saved layout is a tool, and a tool is worth keeping when the job comes back. So the only question is which part of your reading comes back: the companies, or the things you ask them.

The companies change constantly. Some you look at once and never again. Some you own for a decade and rarely open. The questions do not change at all. Am I still comfortable owning this? Where has this price reacted before? What actually happened in today's session? You will ask those of a hundred different companies.

So the layout belongs to the question. Each question needs its own timeframe, its own chart type and its own scale — for reasons chapters 03.01 and 03.02 already settled — and those settings are the same whichever company you point them at.

See it

Three questions, three layouts, and one mistake

The settings under each question follow from rules earlier in this Part, not from anybody's strategy. The fourth panel is what happens when you name a layout after a company instead.

These are illustrations of how a question fixes settings. They are not recommended layouts, and Granthara recommends no strategy.

Learn

Why one per company goes wrong

The failure is quiet, and it is not laziness. You open a company, the chart does not show what you were hoping to see, and you adjust — a longer lookback, a different timeframe, the axis dragged a little. Then you save it. You have not cheated; you have tuned the instrument until it produced the answer, and then preserved the instrument.

Do that across two hundred companies and you own two hundred different instruments. Nothing measured by one is comparable with anything measured by another, which is the same objection 03.01 raised against two raw rupee lines: the comparison the screen invites is not one the data supports.

A layout per question inverts it. The instrument is fixed before the company arrives, so the company has to meet the chart. When it looks different from the last one, that difference is information rather than a setting.

Two ways of saving the same decisions
Layouts, if saved per question
three or four
Layouts, if saved per company
one for every company you have opened
Two companies compared through a question layout
same instrument, so the difference is real
Two companies compared through their own layouts
two instruments, so the difference means nothing
What either approach tells you about the next price
nothing
3–4questions most readers actually repeat
0companies that should have a layout of their own
Try it

You open two companies through the same saved layout and one looks far more volatile than the other. What can you conclude?

Learn

What travels with a layout, and what must not

Travels: the six settings from 03.04.01 — data and symbol source, timeframe, chart type, scale and axis range, panels, colour rule. Those are statements about how you look, and they apply to any company.

Does not travel: anything drawn. A trendline belongs to one series on one scale — 03.02.02 showed it becomes a different line the moment the scale changes, and it means nothing at all on a different company. The same goes for a level, a note or a marked date. Those are facts about one stock and belong with that stock, not in the instrument.

Does not travel: anything tuned. A lookback stretched until one company's history looked right is no longer a decision about how you read charts. It is a decision about that chart, made while you were looking at it.

Name each layout after its question — long-horizon review, level check, session read. If you cannot name a layout after a question you repeatedly ask, you have not saved a method. You have saved a mood.

Try it

Question or company — which of these should a saved layout be named after?

Long-horizon review
Bharat Foods
Level check
Stocks I am watching this month
Session read
The one that worked last time

The whole of Part 03 in one instruction

Fix the instrument before you meet the evidence. Chapter 03.01 chose what a chart keeps, 03.02 chose how it is drawn, 03.03 asked whether the numbers are the right numbers, and this chapter saved all of it so the decisions are made when you are calm rather than when you already have an opinion. None of it tells you what a price will do. All of it tells you whether what you are looking at is worth being surprised by.

The workspace is settled, and every setting in it was chosen by a question. What remains is the thing the workspace was built to show: a single mark on a chart, four numbers wide, and everything people claim to read in it.

Remember

Save a layout for each question you repeat rather than for each company you open, because the questions come back and the companies do not — and a fixed instrument is what turns a difference between two charts into a difference in the data rather than in the settings.

Everything this chapter has told you, in order

  1. 03.04.01A chart you did not set up is somebody else's answer: a template is the record of the six decisions you refuse to make again at speed.
  2. 03.04.02Three indicators built from one input are not three opinions; what removing them buys is a reading you can repeat, not a reading that is right.
  3. 03.04.03The questions come back and the companies do not, so a layout named after a question keeps two charts comparable.
Next
04.01.01 — How to read a candlestick: the four numbers

Part 04: the workspace is set. Now read the single mark it was built to show.