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View Full Version : Types of charts



oussama94
05-28-2017, 00:52
Three of the most popular chart types are bar,
candlestick and line charts. At easy-forex, you
can view all three types, and choose the one
that best suits your trading strategy.
Aside from choosing a chart type, when looking
at a chart traders also need to select which
timeframe they want to analyse. A chart is
usually composed of many points or bars or
candlesticks, each representing a period of time.
In a 30 minute timeframe, the individual point
or bar or candlestick shows what happened to
the price by plotting the ****ing, closing, high
and/or low price of each 30 minute interval.
Timeframes can be chosen and changed by
traders, and we’ll look at them in more detail
later.
Let's take a closer look at each of the different
chart types a trader can follow and the benefits
of each choice.