What's Candlesticks Charts?

Types of Stock Indices Charts

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

Indices Candlesticks Trading Charts - the indices candlesticks trading charts use the same stock indices price data as indices bar 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 Candles Stock Indices Charts

Rectangle part of the candlestick is called the body.

The high and low are described as shadows & are plotted as poking lines.

What is Candles Charts?

The color of the indices candlestick is either blue or red

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

Most indices trading softwares like the MT4 software, 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's Line Charts?

A line chart in Indices draws the closing stock indices price of a indices pair & 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 - plots a continuous line connecting closing indices prices of a on the stock indices price chart.

What is Line Stock Indices Charts?

What's Bar Charts?

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

What is Bar Charts