Trade Bitcoin Trading

Drawing Line Charts on MetaTrader 5 Software Platform

This is the fifth choice in the MetaTrader 5 platform's charts menu. This is the line chart button that is shown here.

Bitcoin Line Chart Access on the MT5 Charts Menu - Overview of BTC/USD Crypto Line Charts in MT5

Because the line graphs don't reveal much data that traders may use for analysis, they aren't widely used. Only the bitcoin price line, which links the closing bitcoin prices while omitting all other information, will be drawn by this MT5 choice.

Compared to candlestick charts that display opening, closing, low, and high prices for Bitcoin, line charts omit much of this detailed information in their representation of market trends.

Traders often use this information in their analysis methods. For that reason, candlesticks stand out. They offer more details for study than other options.

For this reason this charting technique is not popular among traders & therefore not widely used.

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