Advanced Real-Time Chart
Here's a free and powerful chart for you to easily embed onto any website. Make it yours with a ton of different customization options.
All chart types can be customized and adjusted to fit your unique strategy. In this article, we'll go through each one, highlight their capabilities, and find their use cases across different trading styles.
CONTENTS:
What are chart types and how to read them
Chart types are technical analysis visualization tools used to display various information, including price, time, trading volume, volatility over time, and more. People who study and create charts are called chartists, as it's the primary method for examining an asset's performance.
You can often hear terms like "stock charts," "trading charts," "price charts," "market charts" — all refer to technical analysis charts. These terms are used interchangeably and mean the same thing.
As a visualization approach to studying tradable assets and other financial data, charts use two axes — the vertical for price and the horizontal for time. As time progresses, a chart's lines and figures move up or down, but always to the right, because we — humans — perceive time as linear. However, there are price-based charts that do not use time as their basis — they rely solely on price.
Different types of charts use methods unique to them to plot lines, bars, and other visual elements. But all use the same data, which comes from the exchanges where the asset is traded.
For example, when someone refers to Nvidia's stock price, they're usually talking about the price from the Nasdaq exchange — because it's the primary listing venue for Nvidia's stock.
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