what is Bar & Line Chart;
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  • #1 Collapse

    what is Bar & Line Chart;
    Asslam O Alikum;


    umeed karta hun ap sb blkul thk hn gy or apki trading bhi achi ja rahi ho ge.
    dear members charts ko smjhna or inko read karna trading main kamyabi k lay bhhht zaroori ha.
    jo log charts ko read karna seekh jaty hain wo forex main kamyab ho jaty hain q k technical analysis ki shrowat hi charts ko read karny se hboti hai.
    es lye aj ki post main hum 2 important charts ki types ko dscs karen gy.


    BAR CHARTS:

    Dear members bar charts hamen prices k bary main 1 bar ki shkl main information dety hain. Bar aik vertical seedhi line hota ha jo k price movement ko show karta ha.
    jb k bar k right side py opr 1 horizontal short line hoti ha jsko bar ki right arm bhi kaha jata ha ye bullish bar main closing price ko show krti ha jb k bearish Bar main opening price ko show karti ha.
    or bar ki left side py 1 hotizontal short line hoti ha jo k left arm khlati ha.Ye arm bullish Bar main opening price jb k bearish bar main closing price ko show krti ha.
    Bar ki arms k opr or nechy Bar ki length hoti ha jo k price k high or low ko show krti ha given time period main.



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    jesa k ap picture main dkh skty hain ye 1 bar ha ir es main arms or high low ko bhi indicate kia gia ha.

    Benifits of Bar charts:

    Dear members bar charts k bht se faidy hain jesa k ye price k bary main complete information deta ha kisi given time ki ye opening closing or high & low price btata ha jb k bar ki length es bat ko show krti ha k price kitni opr ya nechy ja chuki ha.
    bar charts technical analysis main bhi helpful hoty hain q k ye volatility , trends or reversals k bary main information dety hain.




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    LINE CHARTS:

    Dear members line chart kisi bhi chz ki graphical representation ko khty hain.ye chart different time period ki prices ko aps main mila k 1 line bna leta ha.ye chart kisi bhi trading pair ki sirf closing price btata ha or hum esko kisi bhi time frame main use kar skty hain.
    dear members ye technical analysis ka aik behtreen tool ha or es ko use kr k market ki closing py koe trend line ya support and resistance draw karny main help hoti ha.

    Benifits of line charts:

    Dear members line charts es kye important hain k ye simple or easy to understand hoty hain.or ye technical analysis ka important tool ha q k ye closing price btata ha es lye forex main trends ka pata lgany or breakouts ki confirmation k lye line chart use kia jata ha.



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    or agr tmama charts ko ikthy use kia jay to zada faida ha q k kch plus point aik chart k hoty hainn jb k dosry main kch new chz hoti hai estrha jb mila k use kian jay to achi techniques k through hum achi trading kr skty hain.
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  • #2 Collapse

    Re: what is Bar &amp; Line Chart;

    Both bar and line charts are types of charts commonly used in technical analysis to display market data.

    A bar chart, also known as an OHLC (Open-High-Low-Close) chart, displays the open, high, low, and close prices for a given time period, such as a day or week. Each bar on the chart represents this data for a specific time period, with the height of the bar representing the range between the high and low prices, and the horizontal lines on each side of the bar representing the open and close prices. Bar charts are useful for visualizing price movements and identifying patterns, such as trends or reversals.

    A line chart, on the other hand, displays the closing price for each time period as a continuous line. Each point on the line represents the closing price for a specific time period, such as a day or week. Line charts are useful for identifying long-term trends and support and resistance levels, as well as for comparing the performance of different assets over time.

    In both types of charts, arrows or other symbols can be used to indicate specific events or signals, such as buy or sell signals based on technical indicators or chart patterns.

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