It embodies the price chart drawing sequential in a certain time scale and specific, and represents the horizontal axis of the graph to the time while the vertical axis indicates the price scale.
– The characteristics and features of graph
Shahu play well to carefully consider the graph you’ll see that there are some of the items that you have requested it and this attention to the effects of these elements on the information you provide them with the graph, these elements include the area of the time frame of the graph and also user rate schedule.
– Time Zone:
Each point, candle or bar in the graph on the information and data for a period of time of a certain time and are separated from each period this time from other periods.
On a general level, the choice of the time domain, which would like to work Conceived as part of an operation based on the pattern and style of your trade, for example: traders can on a daily basis and that their trades are daily use of space time frame of one minute for a while traders trading at long-term and who keep their trades for several weeks or several days they are using the area for the time frame between several hours and even days.
– Price scale:
There are two methods that are used in order to display the price scale on the vertical axis, namely:
- Arithmetic .
According to the way logarithmic be the dimension between points equal price, according to the percentage, if climbed the 20 to 30 shall be the ratio of 100% is also possible to climb 100% from 30 to 50 and also from 50 to 90, therefore, all these dimensions and distances exposure the same distance, according to the logarithmic axis.
The method according to calculations shall be the dimension between points equal price without any link to the level of prices in standard units shall be equal on each axis. For example, if ascended the amount of shares is from 20 to 110 over the six-month change distance will be from 20 to 30 had a change distance from 100 to 110, in spite of the fact that the move himself toward the absolute value but it may vary in a manner percentage.
– Types of graphs
Graphs contain three basic types of fees, which are used by investors, based on the information that they are looking for them based on personal and individual skills.
– Line graphs:
Graphs are more linear main types of graphs, line shown in the graph connects between prices over a certain period of time. The graph linear most widely used is drawing today in spite of the emergence of each point during the day so that they have the phenomenon of the bulk of investor interest and the focus goes towards the closure point as the most important point in their eyes, but this thing may generate another problem of, as this type of graph does not volatility and prices move displays during other times of the day.
What distinguishes this painting he is working to provide an overview of price fluctuations and movements within the specified time frame.
– Graphic vertical fees:
Each expresses a single column on the price movement for a certain period in advance by the investor, to serve for a period of hours or aunt one minute. PHP anorectum daily chart in which he expresses every column for a full day, you can find out, for example:
* Upper part of the column embodies the highest price for the same day.
* Lower section of the column embodies the lowest price for the same day.
* Leftist column line embodies the opening price.
* Line right column reflects the closing price.
What distinguishes this drawing that is to provide the analyst more important and useful than the linear graph information and to do so after adding the open and close prices at least, price and top each day.