What Stock Chart Should I Trade With?

The most popular stocks charts in the Stock Market are : Line charts, Bar charts and Candlestick charts.

As a beginner wanting to know which stocks chart you should trade with the advantages of the Candlesticks charts are explained below - which makes the candlesticks charts the best choice of stocks with.

The stocks candlesticks are easy to use as compared to line charts or bar charts.

How to Read Stocks Candlesticks Charts

Stocks Candlesticks Charts - these stocks candles charts use the same price data as bar charts (open, high, low, and close). However, these stocks candlestick charts are represented in a much more visually identifiable way which resembles a candle with wicks on both sides.

How to Analyze Stocks Candlesticks Charts

Rectangle part of the candle is known as the body.

The high and low of the candle stick are described as shadows and plotted as poking lines.

Stocks Candles Charts - How to Read Stocks Candlestick Charts for Beginners Guide

The color of the stocks trading candle is either blue or red:

• (Blue or Green Color Stocks Candles) - Stocks Prices moved up
• (Red Color Stocks Candles) - Stocks Prices moved down

Most stock trading platforms like the MT4 Stocks Platform, use colors to mark the direction of the stocks price represented using the stocks candlestick. Stocks Candlesticks colors used are blue or green colors; when price moves up, color of stocks candle stick is blue: when price moves down, color of stocks candlestick is red.

Stock Candlesticks Charts Vs. Bar Charts

When Stock candlesticks charts are used it is very easy to see if the stocks price moved up or down as opposed to when bar charts are used.