What should I look for in a Indices Chart?
The most popular stock indices chart types are:
- Line Indices Charts
- Bar Indices Charts
- Candlesticks Indices Charts
The best chart to trade with when you want to start indices trading is the candlesticks stock indices chart. The candlesticks stock indices charts are easy to use and easier to interpret when trading. Beginner traders should start with this type of chart which is easier to use when it comes to technical analysis of stock indices charts.
Candlesticks - these use the same stock indices price data as bar indices charts (open, high, low, and close). However, they in a much more visually identifiable way which resembles a candle with wicks on both ends.
How to Interpret Candlesticks Stock Indices Charts in Indices Trading
The rectangle part is called the body.
The high and low are described as shadows and drawn as poking lines.
What should I look for in a Indices Chart?
The color of the candlestick is either blue or red
- (Blue or Green Color) - Indices Prices moved up
- (Red Color) - Indices Prices moved down
Most trading platforms like the MT4 Indices Trading Platform, use colors to mark the direction of the candlesticks. colors used are blue or green; when stock indices price moves up - green candlesticks, when stock indices price moves down - red candlesticks.
Regulated Indices Broker Information: Read About Regulated Indices Broker Review
Takes 5 Minutes to Open an Account, Open an Account Early: Open Indices Account
