What are the Best Charting Software MT4 Software?
Where Can I Find the Best Charting Software MT4 Platform?
The best xauusd analysis Charts on MetaTrader 4 are the candlesticks charts shown on the xauusd example shown below using the MT4 software.
Best Charting Software MT4
The 4th option on the MT4 Software charts menu is the candles charts button - used to select the candlesticks technical analysis charts to trade with as candlesticks charts.
What are the Best Charting Software MT4 Platform? - MT4 Charts Analysis
To trade with these xauusd analysis Charts - candles charts in MetaTrader 4 platform, the above MetaTrader 4 charts button keys highlights where a trader should choose the button do choose this option - best xauusd analysis Charts Candlesticks option in MetaTrader 4.
Candlesticks Trading on MetaTrader 4 - Best Charting Software on MetaTrader 4
These candlesticks are drawn using also color programming:
Red Candles - Price went down
Blue Candles - Price went up
This candle stick chart type analysis is also preferred by many traders because they are more appealing for xauusd analysis and easier to trade with. A lot of information can be analyzed from these MetaTrader candlesticks charts - best analysis Charts.
These best xauusd analysis Charts will show Opening, High, Low, Closing price of a particular time period. This is abbreviated OHCL candles.
The body of xauusd candlesticks will show xauusd instrument movement that was within the opening & closing price of a specific trading period as shown on the MT4 platform above - Candlestick analysis chart information is also used to determine a lot of xauusd analysis information. For example in the above MetaTrader 4 chart the long blue body candle-sticks meant there were a lot of buyers & therefore the price movement was likely to continue in upward bullish xauusd trend direction.
The upper & lower shadow, the wicks of the candlesticks will show highest point & the lowest point that the price reached.
Best Charting Software MT4 Trading
Where Can I Find the Best Charting Software Courses?
The best xauusd analysis charts tutorials for learning Japanese candle chart patterns guides below can be used to learn how to determine xauusd trend reversal signal or xauusd trend continuation signals from the different xauusd patterns and xauusd chart setups.
To learn & know more about best xauusd analysis charts setups, a trader can read these MT4 candlesticks charts analysis lessons:
Japanese Candles MT4 Analysis MT4 Charts Setup Patterns Tutorial Guide
Marubozu & Doji Candles XAUUSD Analysis Chart Setups
Spinning Tops Candles XAUUSD Analysis Chart Setups
Reversal Candles Setup Patterns XAUUSD Analysis Chart Setups
Inverted Hammer Candle Setup and Shooting Star Candle Setup XAUUSD Analysis Chart Setups
Piercing Line Candle Pattern and Dark Cloud Cover Candle Pattern XAUUSD Analysis Chart Setups
Morning Star Candles & Evening Star Candles XAUUSD Analysis Chart Setups
Meta Trader 4 Charts Analysis Trading - Where Can I Find the Best Charting Software Tutorials