Indicators List
How Do I Trade Indices and Predict Indices Charts using Indices Charts Patterns Analysis?
There are 3 types of charts used in Indices: Line Chart, Bar Chart and Candles Indices Chart - Indices Trade Predict Indices Charts.
How to Trade Chart Analysis
Line Indices Charts - line charts draw a continuous line connecting/joining closing prices of a indices.
Line Charts - Index Trade Predict Indices Charts
Bar Chart - indices bar stocks charts are displayed and illustrated as a sequence of O-H-C-L bars. O H C L represents OPEN HIGH LOW & CLOSE. The Opening stocks price is displayed & illustrated as a horizontal dash hyphen on the left and closing stocks price as a horizontal dash hyphen on the right.
Bar Charts - Indices Trade Predict Indices Charts New Traders
The main disadvantage of indices bar stock chart is that it is not visually appealing and identifiable, therefore most traders do not use them.
Candles Charts - these candles charts use the same stock price data as bar charts (open, high, low, & close). However, they are illustrated on a more visually identifiable and appealing manner that looks like a candlestick that has wicks on both ends.
How to Analyze Candlesticks Charts
rectangle part of the candle is known as body.
The high and low of the candle are known as shadows & are drawn as poking and protruding lines.
Indices Trade Predict Indices Charts
color of the candlestick is either blue or red:
- (Blue or Green Colour Candles) - Prices headed up
- (Red Colour Candlesticks) - Prices moved downward
Most indices softwares such as the MetaTrader 4 Software Platform, use colour to mark direction of the price. Candlesticks color used are blue or green: when price heads upward, color of candle is blue: when stock price moves down, color of candle stick is red.
Candles Indices Charts vs Bar Charts
When Indices candlesticks stock charts are used it's very easy to see if the stock price moved up or down as compared to when indices bar stocks & shares charts are used.
Japanese candles charts techniques/methods also have very many candlesticks formations that are used to trade the Stock Index Trade Markets. These stock chart setups have different trading analysis interpretation and the most common are:
Charts Online Indices Lesson Beginner Traders Guide Beginner Traders
The above stock candles patterns is what makes the Japanese candlesticks stock chart patterns popular among traders & it's why this type of stock chart analysis trading analysis are most often utilized when it comes to analyzing the Indices market.
Stock Index Analysis
More Lessons and Tutorials & Guides:
- What are 3 the Stock Index Trade Lesson Guide Tips?
- How to Add US100 on MT5 Android App
- Advantages of MQL5 Signals to Sellers and Providers
- Stock Index Templates on the Charts Menu in the MetaTrader 4 Indices Software Platform
- How Do You Analyze MT4 Upward Indices Trend-line in MT4 Software Platform?
- How to Find SPX in MetaTrader 5 Mobile App
- How Can I Use MetaTrader 5 Fibonacci Pullback Levels in MT5 Platform?
- SMI 20 Strategy
- Stock Index Draw a Index Trend line in a Chart
- Trailing StopLoss Indices Order Levels Indicator Analysis
