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Chart Types Chart Types

There are many different types of charts used by traders. Some are very common, such as Japanese Candles, some are specialized, such as footprint charts and RENKO charts, and yet others are proprietary, such as TrendSpider’s Raindrop Charts. This category goes into detail about the different types of charts, their history, and how they are intended to be used.

  • Chart Types

    Introduction to Chart Types 

    Charts are an essential tool in trading, providing valuable information about the price movements of financial instruments. Traders use charts to identify trends, patterns, and potential opportunities for profitable trades. However, with so many different types of charts available, it can be overwhelming to decide which one to use. In this article, we will provide …
    Introduction to Chart Types
  • Chart Types

    Understanding Japanese Candlesticks: The Basics 

    Japanese Candlesticks are a popular method of charting and analyzing price movements in financial markets. In this article, we will provide a brief overview of the history and basics of Japanese Candlesticks, as well as some common candlestick patterns and how they can be used in trading and investing. We will also discuss the advantages …
    Understanding Japanese Candlesticks: The Basics
  • Chart Types

    Understanding Range Bar Charts: The Basics 

    Range bars are a popular trading chart that can be used to analyze market movements and make trading decisions. Unlike traditional time-based charts, range bars are created based on price movements and allow traders to more easily identify trends and patterns. This article will explore the origin of range bars in trading, how to read …
    Understanding Range Bar Charts: The Basics
  • Chart Types

    Understanding Hollow Candles: The Basics 

    Hollow candles are a popular technical analysis tool used by traders to analyze price movements in financial markets. They are visually similar to regular candlestick charts but have a different representation of price action. This article will explain how to read hollow candles, how they differ from traditional Japanese candlesticks, and their advantages and limitations. …
    Understanding Hollow Candles: The Basics
  • Chart Types

    Understanding Heikin-Ashi Charts: The Basics 

    Heikin-Ashi is a Japanese charting method that is gaining popularity among traders worldwide. In this article, we will explore the basics of Heikin-Ashi charting, how to read Heikin-Ashi charts, and the advantages and disadvantages of using this charting method in trading. Origin of Heikin-Ashi Heikin-Ashi is a Japanese charting method that originated in Japan in …
    Understanding Heikin-Ashi Charts: The Basics
  • Chart Types

    What Are Raindrop Charts? 

    Raindrop Charts combine price action, volume, and sentiment into a simple, powerful chart visualization. In this article, we will discuss the origin of Raindrop Charts, how to read them, some basic Raindrop patterns, and the advantages of using Raindrop charts. Origin of Raindrop Charts Raindrop Charts were first conceptualized by Ruslan Lagutin, CTO of TrendSpider …
    What Are Raindrop Charts?
  • Chart Types

    What Are Renko Charts? 

    Renko charts are a popular charting technique used by traders to visualize price movements in financial markets. Unlike traditional charts, Renko charts use bricks to represent price movements, with each brick being of a fixed size and representing a predetermined price range. In this article, we will explore Renko charts in more detail, including their …
    What Are Renko Charts?
  • Chart Types

    What Is a Point-and-Figure Chart? 

    Point-and-Figure (P&F) charts are a type of technical analysis chart used by traders to identify trends and patterns in the financial markets. Unlike other types of charts, point and figure charts focus solely on price movements, with no regard for time. This makes them a popular tool among traders who prefer to analyze the market …
    What Is a Point-and-Figure Chart?
  • Chart Types

    Short-Term Charts 

    Charts are invaluable assets for traders, offering a graphical snapshot of price movements over various timeframes. Short-term charts give quick insights into immediate market dynamics. In this article, we explore short-term charts, highlighting their importance, uses, and how they compare to long-term charts to offer a well-rounded view on their role in efficient trading and …
    Short-Term Charts
  • Chart Types

    Long-Term Charts 

    Charts serve as critical tools for traders, offering a visual representation of price movements over various timeframes. While short-term charts provide rapid insights into immediate market dynamics, long-term charts offer a panoramic view of market trends and behavior. In this article, we delve into the world of long-term charts, exploring their significance, utility, and comparing …
    Long-Term Charts