Have you ever felt lost looking at complex trading charts? Fear not! Discover how the simple yet powerful chart types on our platform can turn you from a confused beginner into a confident trader.
Area charts are the best friends of a novice trader. They paint a clear picture of price movements over time by connecting individual price points into a shaded area. This 'area' provides a visual snapshot of the asset's performance, making it easier to see how the price has trended.
Bar charts bring a bit more detail to the table. Each bar represents a price movement over a given time frame, with dashes on the sides indicating the opening and closing prices. The top and bottom tips of the bar show the highest and lowest prices reached, offering a straightforward view of the market's volatility.
Candlestick charts are a step up in complexity but bring a wealth of information. The 'body' of the candle shows the open and close range, while the 'wicks' indicate the high and low. Green candles suggest price increases, and red signals a decrease, helping you gauge market sentiment at a glance.
Whether it's the sweeping overview of the Area chart, the detailed story told by Bars, or the in-depth analysis provided by Candles, we offer a chart type for every beginner's needs.
Ready to make your move? Explore these charts on the platform and let your trading journey begin!