Trade Bitcoin Trading

Drawing Line Charts on MT4

This is the fifth option on the charts menu within MetaTrader 4 platform. The line chart button shown below.

Line Bitcoin Chart on Charts Menu in MT4 - Line BTCUSD Chart on Charts Menu on MT4 - Line BTCUSD Chart on BTCUSD Charts Menu MT4

The line crypto charts are not popular and are not used by many traders as these do not show a lot of information that is useful for technical analysis. This option will only draw a bitcoin price line that connects the closing bitcoin prices leaving out all other data.

When compared to candlesticks that will show the Opening, the Closing, the Low and the High of btcusd crypto currency price, then the line chart leaves out a lot of information in its graphical representation of market movement.

Most of this information is useful and used by most traders when using analysis method therefore the candlesticks are preferred because they provide more data for trading analysis.

For this reason this charting technique isn't popular among traders and thence not widely used.

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