Drawing Line Charts in the MT4 Software
This is the fifth option on the charts menu within MetaTrader 4 software. The line chart button illustrated & shown below.
The line charts are not popular & aren't used by many traders as these do not show a lot of information that is useful for trading analysis. This option will only draw a price line that connects the close prices leaving out all other data.
When compared to candles that will show the Opening, the Closing, the Low & the High of price, then the line chart omits a lot of info in its graphical representation of the market movement.
Most of this data is useful & used by most traders when using analysis technique therefore the candles are preferred because they provide more data for technical analysis.
For this explanation this charting method isn't popular among traders and thence not widely used.
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