Candlestick Charts

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Candlestick Charts

Notapor doaausef3li » Lun Oct 01, 2018 10:13 pm

Candlestick Charts

Candlestick sticks are widely used in Forex charts to give a lot of information at a glance at the same time. Each of the candlestick bars provides the analyst with five information, the direction of the parity, the opening price, the closing price, the highest price and the lowest price. The time frame represented by each candle body is equal to the time selection in the time table of the graph. For example, if the H1 time display is selected, the width of a candlestick in the graph is equal to 1 hour in the horizontal time plane.
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Bar Graphs

Bar graphs are more simplified of wax sticks. Some traders use these graphics even though they cannot be read as easily as candle sticks. As with the candlestick, the direction of the parity, opening price, closing price, the highest price and the lowest price at the same time provides five information. The line to the left of each bar shows the opening price of the pair, the line closing price to the right, the highest point of the top point and the lowest point of the bottom point.
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Line Charts

It is the simplest graphical form used to observe price development information at a glance. Visually shows a single price information. Usually drawn over the closing price, this graph can be drawn from the opening, lowest or highest price based on the ability of the platform you are using. But in any case, it means only one data. It has a limited usage area in technical analysis applications, except where you want to look at the simplification in general.[/img]
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