Trade Stock Indices

Learn Stock Indices Trading

Indices Trading Chart Types: Line, Candlestick and Bar - MT4 Candlesticks Indices Trading Charts - MT4 Bar Indices Trading Charts - MT4 Line Indices Trading Charts

A Indices chart is a graphical representation of indices price movement of a indices trading instrument over a given period of time.

 

Drawn on a grid and the user is at liberty to choose which indices trading chart time frame they want to trade with. The indices trader may choose to use hourly indices trading charts, daily indices trading charts or even 1 minute indices trading chart time frames.

 

To draw indices trading charts, three methods are used. The methods used to draw the indices trading charts defines the type of indices trading chart.

The three types of indices trading charts of are; - Candlesticks Indices Trading Charts - Bar Indices Trading Charts - Line Indices Trading Charts

  1. Line charts
  2. Bar charts
  3. Candlesticks indices trading charts- Most popular

 

Line Indices Trading Chart - MT4 Line Indices Trading Charts

A single line is drawn from one closing indices price to the next, forming a continuous line.

 

This type of indices trading chart provides very little information on the chart and is therefore not very popular among indices traders. In fact this type of indices trading chart is rarely used.

 

Line Indices Trading Chart in Indices Trading - This type of indices trading chart leaves out important information about indices trading price movement. Information such as opening, high and low point of the indices trading price which are not represented on the graph.

 

This makes this type of indices trading line indices trading chart to be considered sketchy by indices trading technical analysts.

 

The indices trading chart below shows an example of a indices trading line indices trading chart.

Indices Line Indices Trading Chart - MT4 Line Indices Trading Charts - Line Indices Trading Charts in Indices Trading



Bar Indices Trading Chart - MT4 Bar Indices Trading Charts

Indices Bar Indices Trading Charts - This type of indices trading chart shows the opening, closing, the high and the low, for a particular indices trading price interval and is represented by bars that look like the ones drawn below - hence its name bar indices trading charts

  • Bar Indices Trading Charts - bar indices trading chart has a vertical bar showing the total indices trading price movement.
  • Left horizontal bar the opening
  • Right horizontal bar the closing
  • High and low denoted by the highest and lowest point

 

However, these indices trading bar indices trading charts are not very easy to work with, especially when they are not magnified. It becomes very hard to interpret the bar indices trading charts with ease when trading the Indices trading market thus making them not very popular among indices traders.

 

Bullish and Bearish Bar Indices Trading Charts - MT4 Bar Indices Trading Charts - Bar Indices Trading Charts in Indices Trading

Indices Bar Indices Trading Chart - MT4 Bar Indices Trading Charts in Indices Trading


A Bar chart that is not magnified makes it hard to view the opening and closing indices trading price as illustrated by this example:

Indices Trading Bar Indices Trading Chart Example - Bar Indices Trading Charts in Indices Trading - MT4 Bar Indices Trading Charts


 

Candlestick Indices Trading Chart - MT4 Candlesticks Indices Trading Charts

Indices Candlesticks Indices Trading Charts - This is the most widely used type of indices trading charts, they resemble candles, thus their name - candlesticks indices trading charts.

 

Candlesticks charts shows the opening, closing, the high and the low of a particular indices trading price interval.

 

The range between the open indices price and the close indices price is called the body of the candlestick.

 

Indices candlesticks indices trading charts is the most popular type of indices trading charts among online indices traders because it is the easiest to interpret when trading the indices trading market. Indices candlestick indices trading charts also gives a lot of information about the indices trading price movement. This makes indices trading candlesticks indices trading charts the most widely used type of charting in Indices.

Bullish and Bearish Indices Candlesticks - MT4 Candlesticks Indices Trading Charts

Indices Candlesticks Indices Trading Charts


Below is an example of candlesticks indices trading charts. To learn more about indices trading candlesticks indices trading charts, read this topic: Technical Analysis of Japanese Indices Trading Candlesticks Patterns in Indices Trading.

Trading Indices Japanese Candlesticks Indices Trading Charts - MT4 Candlesticks Indices Trading Charts

 

 

 

How To Select These Indices Trading Chart Types on MT4 Indices Trading Platform

To draw any of these types of indices trading charts on the MT4 Indices Trading Platform a indices trader can use the buttons below found on this MetaTrader 4 indices trading platform.

How To Draw These Types of Indices Trading Charts on MT4 Indices Trading Platform - Line chart - Bar Indices Trading Chart - Candlesticks chart

Drawing Indices Trading Charts on MT4 Indices Trading Platform


  • To Select a Bar Indices Trading Chart Click the Bar Button
  • To Select a Candlesticks Indices Trading Chart Click the Candlestick Button
  • To Select a Line Indices Trading Charts - Click the Line Button

 

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