Indices Charts Online Indices Course Beginner Traders Tutorial & Indices Charts Patterns Analysis
Indices Chart Patterns Technical Analysis Strategies
There are three types of charts used in Indices: Line Chart, Bar Chart and Candlesticks Stock Indices Chart - How to Predict Indices Charts.
How to Trade Stock Indices Chart Analysis
Line Stock Indices Charts - indices line charts plot a continuous line connecting closing indices prices of indices.
Indices Trading Line Charts - How to Predict Indices Charts
Bar Chart -indices trading bar stock indices charts are displayed as sequence of OHCL bars. O-H-C-L represents OPEN HIGH LOW and CLOSE. Opening stock indices price is displayed as a horizontal dash on left & closing stock indices price as a horizontal dash on right.
Indices Bar Charts - How to Predict Indices Charts Beginner Traders Guide
The main disadvantage of indices trading bar stock indices chart is that it is not visually appealing, therefore most traders don't use them.
Candle Sticks Charts - these candles charts use the same stock indices price data as indices bar charts (open, high, low, and close). However, they in a much more visually identifiable way which resembles a candle that has wicks on both ends.
How to Interpret Candlesticks Indices Charts
rectangle part of the indices trading candle is called the body.
The high and low of the indices candlestick are called as shadows and are plotted as poking lines.
How to Predict Indices Charts
color of the indices candle-stick is either blue or red:
- (Blue or Green Color Candlesticks) - Indices Prices moved up
- (Red Color Candlesticks) - Indices Prices moved down
Most indices trading platforms like the MT4 Indices Trading Software, use colors to mark the direction of the stock indices price. Indices Candlesticks colors used are blue or green: when stock indices price moves up, color of indices candle is blue: when stock indices price moves down, color of indices candle is red.
Candles Stock Indices Charts vs Bar Charts
When Indices Trading candles stock indices charts are used it's very easy to see if the stock indices price moved up or down as opposed to when bar stock indices charts are used.
Japanese candles charts trading techniques also have very many candles formations which are used to trade the Indices Trading Markets. These stock indices chart patterns have different stock index technical analysis explanation and the most common are:
Indices Charts Online Indices Course Beginner Traders Lesson Beginner Traders Tutorial
The above stock indices candlesticks patterns is what makes the Japanese candlesticks stock indices chart patterns popular among indices traders & it is why this type of stock indices chart analysis technical analysis are the most widely used when it comes to analyzing the Indices Trading market.
