What is a Candlesticks Indices Trading Chart in Indices Trading?

Types of Charts in Indices Trading

There are 3 types of charts used in Indices: Line charts, bar stock indexes trading charts and candlesticks stock indices charts.

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

How to Read Candlestick Indices Trading Charts

The rectangle part is called the body.

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

What is a Candlesticks Indices Trading Chart in Indices Trading?

The color of the indices candlestick is either blue or red

• (Blue or Green Color candlestick) - Indices Prices moved up


• (Red Color candlestick) - Indices Prices moved down

Most trading platforms like the MetaTrader 4 Indices Trading Platform , use colors to mark the direction. colors used are blue or green; - green candlestick when stock indexes price moves up, red candlestick when stock indexes price moves down.