What is a Commodity Trading Price Chart?

A commodities price chart is a representation of a sequence of commodity prices drawn on a graph as a commodity chart representation of commodities price movements.

This commodities price movement is then drawn over a period of time and this commodity chart price moves drawn on the commodities chart can be used to analyze the movement of a particular commodity instrument so as to determine if the commodity trend for that commodity instrument is down or up.

Commodity Trading Price Charts

A commodities trading price chart provides a representation of exchange rates (drawn on the y-axis) against time (drawn on the x-axis) for commodity.

The movement of commodity prices is drawn on these commodities price charts. The chart can be drawn as candlestick commodities price charts like the one below or as line commodities price charts or bar commodities price charts.

What is a Commodity Trading Price Chart? - What is a Commodity Trading Price Chart? - What are Commodity Trading Charts

Technical analysis of commodity charts is then applied to these charts by using commodity tools provided by the commodity software. For example commodity MT4 platform provided commodity indicators and commodity line studies that can be used to analyze these commodity charts.

Commodities charts can also be drawn using different chart time frames.

The different chart time frames are used by different types of commodities traders.

For example:

• Commodities scalper use the 1 minute commodity chart time frame and the 5 minute commodity chart time frames
• Commodities day traders use the 15 minute commodity chart time frame and the 1 hour commodity chart time frames
• Commodities swing traders use the 4 hour commodity chart time frame and the daily commodity chart time frames

Periodicity Toolbar Menu

Periodicity just means chart time frames, in MetaTrader 4 commodity platform this charts time frames toolbar is used to select which chart time frames to trade with.

Commodity Trading Price Chart Time frames - What are Commodity Trading Price Charts?

The commodities price charts - chart time frames listed on the MT4 commodities trading platform are:

1. 1 Minute - M1
2. 5 Minute - M5
3. 15 Minutes - M15
4. 30 Minutes - M30
5. 1 Hour - H1
6. 4 Hours - H4
7. Daily - D1
8. Weekly - W1
9. Monthly - MN

Type of Commodity Trading Price Charts

The three common types of commodities price charts used in commodities trading are:

• Candlestick Commodity Trading Price Charts
• Line Commodity Trading Price Charts
• Bar Commodity Trading Price Charts

These 3 types of commodities price charts are covered in the topic Commodities Trading Chart Types.