Tuesday, June 29, 2010

Forex Chart: Candlestick Charts

Candlestick Charts show the same information as a bar chart, but in a nice graphical format. The bar rack is only about high prices to lower prices by a vertical line.

However, in Candlestick Charts, a rectangle shown in the middle between the opening price and closing price. If the rectangle is filled or colored, the price closed lower than the opening price.



We do not want to use the white and black stand. We felt easier on the eyes with color graphs. We replaced the blue and red to white to black. Using green and red rack will allow you to view charts faster.

The purpose of graphs is entirely for observation, because the information displayed as bar chart OHLC. Advantages:

* Easy to understand and convenient for a beginner to computing graph analysis
* Easy to use. Your eyes will adapt quickly to the information in the symbol bar
* Convenient for determining the point of market adjustment.

1 comment:

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