What is Candlesticks Indices Charts?

Types of Indices Charts

There are 3 types of indices charts: Line indices chart, bar indices chart and candlestick indices chart.

Indices Candlesticks Trading Charts - the indices candlesticks trading charts use the same stock indices price data as indices bar indices charts (open, high, low, and close). However, they represent the charts in a much more easily identifiable way which resembles a candle with wicks on both ends.

How to Read Candlesticks Stock Indices Charts

The rectangle part of the candlestick is called the body.

The high and low are described as shadows and are drawn as poking lines.

What is Candlesticks Indices Charts?

The color of the indices candlestick is either blue or red

• (Blue or Green Color candlestick) - Indices price moved up
• (Red Color candlestick) - Indices price moved down

Most indices platforms like the MetaTrader 4 platform, use colors to mark the direction of the indices price. colors used are blue or green; - green indices candlestick when stock indices price moves up, red indices candlestick when stock indices price moves down.

What is a Line Indices Charts?

A line indices chart in Indices draws the closing stock indices price of a indices pair and connects this closing stock indices price to the closing stock indices price of the next trading period hence forming a continuous indices line stock indices chart that draws the movement of stock indices price movement.

Line Stock Indices Chart - draws a continuous line connecting closing indices prices of a on the stock indices price chart.

What is a Line Indices Charts?

What is a Bar Indices Charts?

Bar Stock Indices Charts are charts representation of the stock indices price displayed as sequence of OHCL bars. OHCL represents OPEN HIGH LOW & CLOSE. The Opening stock indices price is displayed as a horizontal dash on the left and closing stock indices price as a horizontal dash on the right.

What is a Bar Indices Charts