What's a Indices Price Chart?
A stock indices price chart is a representation of a sequence of stock indices prices plotted on a graph as a stock indices chart representation of stock indices price movements.
This stock indices price movement is then drawn over a period of time and this stock indices chart stock indices price moves drawn on the stock indices chart can be used to analyze the movement of indices price so as to determine if the indices trend for that indices trading instrument is down or up.
Indices Price Charts
A Indices Trading stock indices price chart provides a representation of exchange rates (drawn on the y-axis) against time (drawn on the x-axis) for indices.
The movement of indices prices is drawn on these stock indices price charts. The chart can be drawn as candlestick stock indices price charts like the one below or as line stock indices price charts or bar stock indices price charts.
What is Indices Price Chart? - What's Indices Price Chart? - What are Indices Charts
Technical analysis of indices charts is then applied to these charts by using indices trading tools provided by the indices trading software. For example MT4 platform provided stock indices indicators & indices line studies that can be used to analyze these stock indices charts.
Indices charts can also be drawn using different chart time frames.
The different chart time frames are used by different types of stock indices traders.
For example:
- Indices Trading scalper use the 1 minute chart time frame & the 5 minutes chart time-frames
- Indices Trading day traders use the 15 minute chart timeframe and the 1 hour indices chart timeframes
- Indices Trading swing traders use the 4 hour indices chart timeframe and the daily chart timeframes
Periodicity Toolbar Menu on Indices Trading Software
Periodicity just means chart timeframes, in MT4 indices software this charts time frames toolbar is used to select which chart timeframes to trade with.
Indices Price Chart Time frames - What are Indices Price Charts?
The stock indices price charts - chart timeframes listed on the MT4 platform are:
- 1 Min - M1
- 5 Minute - M5
- 15 Min - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
Type of Indices Price Charts
The three common types of stock indices price charts used in indices trading are:
- Candlestick Indices Price Charts
- Line Indices Price Charts
- Bar Indices Price Charts
These 3 types of stock indices price charts are covered in the topic Indices Chart Types.
