Trade Bitcoin Trading

Drawing Line Charts in the MetaTrader 4 Platform

This is the fifth option on the charts menu within MT4 ==22==platformsoftwareplatform--software. The line chart button shown below.

Line Bitcoin Chart on Charts Menu in MetaTrader 4 Platform - Line BTCUSD Chart on Charts Menu in the MetaTrader 4 Software - Line BTCUSD Chart on BTCUSD Charts Menu MT4

The line crypto charts are not popular and are not used by many traders as these do not show a lot of information that is useful for technical analysis. This option will only draw a bitcoin price line that connects the closing bitcoin prices leaving out all other data.

When compared to candlesticks that will show the Opening, the Closing, the Low and the High of btcusd price, then the line chart omits a lot of info in its graphical representation of the market movement.

Most of this information is useful and used by most traders when using analysis method therefore the candlesticks are preferred because they provide more data for trading analysis.

For this explanation this charting technique isn't popular among traders and thence not widely used.

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