MT4 Bar Chart

A Bitcoin chart is a graphical illustration of bitcoin price movement of a bitcoin instrument over a given period of time.

Drawn on a grid & the user is at liberty to choose which crypto time-frame they want to trade with. The trader might choose to use hourly charts, daily charts or even 1 minute trading chart time-frames.

To draw charts, three methods are used. The techniques used to draw the charts defines the type of bitcoin chart.

The three types of crypto charts are: - Candlesticks Chart - Bar Chart - Line Bitcoin Chart Bitcoin

Line charts
Bar charts
Candlesticks charts - Most popular

Line BTCUSD Crypto Chart

A single line is drawn from one closing btcusd crypto price to the next, shaping a continuous line.

This type of chart provides very little information on the chart & is therefore not very popular among traders. In fact this type of bitcoin chart gets rarely used by traders.

Line Bitcoin Chart in Bitcoin - This chart type leaves out critical info about bitcoin price movement. Data such as opening, high & low point of the bitcoin price which aren't represented on the graph.

This makes this type of crypto line chart to be regarded sketchy by trade technical analysts.

The chart below highlights example of a line bitcoin chart.

MetaTrader 4 Line Bitcoin Chart - Candlesticks BTCUSD Chart BTC, Line BTCUSD Chart & Bar BTCUSD Crypto Currency Chart Types

Bar Bitcoin Crypto Chart

Bitcoin Bar Chart - This type of chart shows the opening, closing, the high & the low, for a particular bitcoin price interval and is represented by bars that look like the ones drawn below - hence its name bar bitcoin charts

Bar Chart - bar chart has a vertical bar showing the total bitcoin price movement.
Left horizontal bar the opening
Right horizontal bar the closing
High and low denoted by the highest and lowest point

However, these bitcoin bar crypto charts are not very easy to work with, especially when they aren't magnified. It becomes very hard to analyze the bar crypto charts with ease when trading the btcusd market thus making them not popular among traders.

MetaTrader 4 Bar Bitcoin Chart

Bitcoin Bar Bitcoin Chart - Candlesticks Chart BTC, Line Chart and Bar Crypto Chart Types

A Bar chart that is not magnified makes it hard to view the opening & closing bitcoin price as highlighted by this example:

Bitcoin Bar Bitcoin Chart Example

Candlestick BTC USD Crypto Chart

Crypto Candle-sticks Chart - This is the most widely used type of charts, they resemble candle-sticks, thus their name - candlesticks bitcoin crypto currency charts.

Candlesticks charts highlights the opening, closing, the high & the low of a particular btcusd crypto price interval.

The range in between the open bitcoin price & the close bitcoin price is called the body of the candle.

Bitcoin candles charts is the most popular type of crypto charts among online bitcoin traders because it is the easiest to interpret when trading the btcusd market. Bitcoin candlestick charts also gives a lot of information about the bitcoin price movement. This makes crypto candles charts the most widely used type of charting in Bitcoin Crypto.

Bullish and Bearish BTCUSD Candlestick - Trade Bitcoin Candle Sticks Pattern Setups - How Do You Interpret a Bitcoin Candle Patterns?

Crypto Candle-sticks Chart Bitcoin

Shown Below is an example of candles charts. To learn & know more about candlesticks charts, study the tutorial: Analysis of Japanese Bitcoin Candlesticks Pattern Setups in Bitcoin Trading.

Bitcoin Japanese Candlesticks Bitcoin Chart

How to Select These Bitcoin Chart Types in MT4 Platform

To draw any of these types of crypto charts on the MetaTrader 4 Platform Software a trader can use the buttons below found on this Meta Trader 4 platform.

Candlestick BTCUSD Chart BTCUSD, Line BTCUSD Chart & Bar BTC USD Crypto Chart Types

Drawing Bitcoin Chart on MT4

To Select a Bar Bitcoin Crypto Currency Chart Click the Bar Button Key
To Choose a Candles Bitcoin Chart Click the Candle Button
To Select a Line Chart - Click the Line Button

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