Financial Market Style Candlesticks
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GoldenEggGoose
- Posts: 13
- Joined: Mon Oct 05, 2015 8:32 am
Would be great if we could add financial market style candlesticks to the next version?
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GoldenEggGoose
- Posts: 13
- Joined: Mon Oct 05, 2015 8:32 am
Almost, but not quite, in the advanced charting section they are quite different, there is one candlestick for back and another for lay.
One useful purpose of candlesticks is to see who is in control of the market (backers vs layers). When you know who is in control of the market it allows you to make more informed decisions on when to back vs lay.
In the BA candlesticks it is difficult to tell who is moving the price with the back and lay stacked on top of each other.
There is also the last traded price candlestick in BA, however that one does not show who is in control of the market.
One useful purpose of candlesticks is to see who is in control of the market (backers vs layers). When you know who is in control of the market it allows you to make more informed decisions on when to back vs lay.
In the BA candlesticks it is difficult to tell who is moving the price with the back and lay stacked on top of each other.
There is also the last traded price candlestick in BA, however that one does not show who is in control of the market.
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GoldenEggGoose
- Posts: 13
- Joined: Mon Oct 05, 2015 8:32 am
Maybe adding an additional color selection to the last traded price could possibly solve the issue?Dallas wrote:They are already available and have been for years within the advanced charting section