Bar Chart

bar chart

So, this is a Bar Chart. The open price is displayed by the small horizontal line on the left the close price is the one on the right and the main trunk is the vertical line itself showing price movement, where the excess on the top and bottom are the respective highs and lows.

When the open is higher than the close, this signifies a bearish bar. And of-course the opposite stands for the bullish bar, where the left is lower than the right, as expected.

I will not be using this to demonstrate any useful strategy, for now ;) I find it difficult to look at and there is no need for us to make this trading deal more difficult than what it already is. Right?

We can change between Candlestick Chart type via these menu options:Candlestick menu change