OHLC Chart Or Bars Chart

This chart is provided in Metatrader program

: You can choose as below in the picture


? What is OHLC chart or Bars chart

Probably that the bars chart is the most used from the traders in technical Forex analysis market , because it not gives us closing price only but gives us too

Open price
Close price
The Highest level of currency pair
The lowest level of currency pair

Bars Chart

: Used in

The Bars chart  used in (determining entry point in the deal) whether the entry is buy or sell , it's perfect tool for this work 

: The shape of the chart

The shape is a plugged line from close price to new close price

: Chart Benefits 

ِA glance in bars chart  we can feel how much investors who trade with this currency and their general feelings towards it


Red Bar : Sell Deal 
Blue Bar : Buy Deal  
Open : Open price in the deal                
Close : Close pric in the deal               
High :   The Highest level of price                       
Low :  The lowest level of price                   

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