Charts

What are Charts?

Trading charts are the graphic representations created by a instruments price movement over time, and are used by traders as part of their technical analysis. 

Types of Charts

Candlestick - Candlesticks are one of the most popular tools used by traders to interpret price data and to track price movements. Candlestick charts show the opening, high, low, and closing prices over a given period of time. When reading a candlestick chart, traders look at the size and shape of the candlesticks to identify patterns that can indicate future price movements.

Line - Line charts are simple, basic ways of representing price movements in all types of financial securities. A line chart uses closing prices and connects them with a continuous line.

Selecting a chart.mov
Adding lines and indicators.mov

Indicators and Lines

After you have selected your chart type you can choose to also add indicators to your chart. You can add and overlay up to 3 indicators at a time on a single chart. The video shows examples of how to select indicators you would like to use and draw lines for technical analysis.

To move your selected line around, use the red dot.


Varcity Version 1.0 indicators: Moving Averages