Trade Bitcoin Trading

Drawing Line Charts on MetaTrader 5 Software Platform

This is the fifth option on the charts menu within the MetaTrader 5 platform. The line chart button shown below.

Line Bitcoin Chart on Charts Menu on the MT5 - BTC/USD Crypto MT5 Line Charts Described

The line charts are not popular and are not used by many traders as these do not show a lot of information that is useful for analysis. This MT5 option will only draw a bitcoin price line which connects the close bitcoin prices leaving out all other data.

When compared to crypto candlesticks that will show the Opening, the Closing, the Low & the High of bitcoin crypto price, the line chart leaves out and omits a lot of information 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 information for analysis.

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

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