What mean colour in forex graph

What mean colour in forex graph

Jul 16,  · If the opening price of the candle is lower than the closing price, the candle body color is green. If the opposite occurs, and the opening price is higher than the closing price then the candle body color is red. The black lines above and below the candles are called ‘wicks’ or ‘shadows’ 5. Keep colors consistent throughout your article/report. This is a basic principle of good design that is worth repeating: keep the colors you choose consistent. For example, don’t color one chart green and another one blue. Or, if your chart contains multiple colors, keep the color Mar 30,  · A line chart connects the closing prices of the timeframe you are viewing. So, when viewing a daily chart the line connects the closing price of each trading day. This is the most basic type of chart used by traders. If you are using a Forex daily chart trading system with a line chart, you will mainly be able to identify bigger picture blogger.comted Reading Time: 8 mins

How Black and White Forex Charts Can Increase Trader Focus « Trading Heroes

Stock charts are a useful way of viewing the historical what mean colour in forex graph movement of a security. The visual ups and downs of the line in the chart convey meaning in a way that a table full of numbers can not.

The upper portion of the chart is called the Price chart. In the example above, the blue line shows the closing values of the stock. Moving the mouse over the chart will display the chart cursor. The details of the day under the cursor are shown in the top line of the chart area. The lower portion of the chart is the trading Volume chart. The taller the bar, the more volume there was on that day.

The colors in the Volume chart also have meaning. In the Price chart, both the Candlestick and Open-High-Low-Close OHLC chart styles convey extra what mean colour in forex graph when compared to a simple line chart. Instead of a single point i. the open, high, what mean colour in forex graph, low and closing prices are drawn. The red and green versions of the Candlestick and OHLC chart styles convey extra meaning through the colors. This same meaning is also visible in the monochrome version of these chart styles, but some investors find the green and red versions help them to what mean colour in forex graph the meaning faster.

A green candlestick means that the opening price on that day was lower than the closing price that day i. the price moved up during the day ; a red candlestick means that the opening price was higher than the closing price that day i. the price moved down during the day. Compare that with the monochrome version what mean colour in forex graph the same chart. Although both the Price chart and Volume chart can use green and red to convey meaning, the meaning of the colors is slightly different in each of these chart types.

For example, if the stock finished higher what mean colour in forex graph the previous day, the volume bar will be green. But on the same day, if the stock moved lower from the opening price, the candlestick would be colored red. This situation is not that uncommon. Colors can be useful to help convey extra meaning in stock charts. Knowing how each color is used in the different parts of the stock chart will help you interpret their meaning faster and get more out of the chart.

StockMarketEye has a wide range of chart styles and technical indicators to choose from. Download your free copy of StockMarketEye today and start keeping your eye on the markets!

In the intraday charts 1-day and 5-daysthe bars are not actually individual trades. They are also composites. That is, each bar represents 1 intraday period of activity. In the 1-day chart at Yahoo Finance the period is 1-minute i.

each bar represents 1-minute of trading activity ; the 5-day chart at Yahoo Finance uses 5-minute bars. The price line is the price at the end of that period. The volume bar is the amount of trades that occurred during that 1-minute or 5-minute period. You can see this by moving your mouse slowly over the chart and watching the date at the bottom of the chart change for each period you move over.

The difference is that instead of using the previous full trading day to determine the volume bar color, the intraday charts use the previous 1-minute or 5-minute period to determine the color of the volume bar.

So if an intraday period 1-minute, 5-minute, etc ended higher than the previous period, the volume bar will be green; if it ended lower it will be red; if it ended at the same price or is the first trade of the daythe volume bar will be black. in the portfolio stock display chart the individual stock display shows a day low and high value with a blue line between these numbers. What defines the blue line length and the point of the time trade value location on this line?

The length of the line in a candle-stick is based on the distance i. value difference between the high and low values. Each candle represents a unit of time — for EOD end of day charts, each unit is 1 day; for intraday charts, each unit is 1 minute or 5 minutes. Those aggregate values are used to build the candlestick. You have given an explanation of the red and green bars at the bottom of a price chart for a particular stock. What do these red and green candles represent on a chart showing the DJIA?

Thank you very much sir. I found an information that I have long been looking for i. e why candlestick and volume bar sometimes get different color, what mean colour in forex graph. Thank you, and to those who asked follow up questions on an almost 5 yr old post to help provide this comprehensive answer!

When looking at the intraday volume trade, for an example say a stock is actively selling at less than it opened at. However I see the volume and bars change, e. Am I correct to infer the Red volume bar shows the amount of shares sold at that time and green volume bar shows the shares bought at that time regardless of the the stock price?

The volume bars for intraday charts work the same as for EOD end-of-day charts. If the price closed higher than the previous period, what mean colour in forex graph, it will be a green volume bar; if the price closed lower than the previous what mean colour in forex graph, it will be a red volume bar; If the price closed the same as the previous period, it will be black volume bar.

Since intraday periods can be quite short typically between 1 and 5 minutesthe price change during the period can be small, which can lead to flat looking price lines. But most charts allow you to move your mouse over the chart so you can see the OHLC values open-high-low-close for each period. Try our software, free, what mean colour in forex graph, for days. No credit-card or email required. Just download, install and run. Toggle navigation Stock Market Eye. Take a Tour Download Purchase Support About Us Blog, what mean colour in forex graph.

Understanding Colors in Stock Charts — Green and Red Candlesticks Explained Posted on Thursday, Sep. A typical line stock chart in StockMarketEye looks like this: The upper portion of the chart is called the Price chart.

Red and Green in the Price Chart In the Price chart, both the Candlestick and Open-High-Low-Close OHLC chart styles convey extra meaning when compared to a simple line chart.

When the Colors differ between the Price Chart and the Volume Chart Although both the Price chart and Volume chart can use green and red to convey meaning, the meaning of the colors is slightly different in each of these chart types.

Posted by admin in Investing 14 Comments ». Information for Vanguard Users ». Clear and well explained — Thanks! Tom March 10th, at pm. Has been bugging me for some time. Thanks for the textbook spot on explanation.

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Most charts are red or green but some are gray. What does a gray chart indicate? Angie June 18th, at am. admin June 18th, at am. Joseph Fabbra August 23rd, at pm. admin August 23rd, what mean colour in forex graph, at pm. mohammed siraj September 28th, at pm. Don November 3rd, at pm. admin November 4th, at pm. Popular Posts. Converting from Personal Stock Monitor Tracking a Canadian Investment Portfolio Tracking Bonds, Preferred Stock and other Non-Quoted Securities StockMarketEye Reviewed on CNET, what mean colour in forex graph.

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Sep 11,  · The colors in the Volume chart also have meaning. A green volume bar means that the stock closed higher on that day verses the previous day’s close. A red volume bar means that the stock closed lower on that day compared to the previous day’s blogger.comted Reading Time: 3 mins Oct 28,  · As you see, a chart involves many candlesticks. The graph you see above is a 4-hour chart where each of the candlesticks represents a 4-hour period. In this relation, there are many chart Estimated Reading Time: 7 mins Jul 16,  · If the opening price of the candle is lower than the closing price, the candle body color is green. If the opposite occurs, and the opening price is higher than the closing price then the candle body color is red. The black lines above and below the candles are called ‘wicks’ or ‘shadows’