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What are the Best Trading Analysis Software MetaTrader 4 Software/Platform?

Where Can I Find Analysis Software MT4 Software/Platform?

The best analysis Charts on MetaTrader 4 are the candles charts shown on the example illustration illustrated & explained below using the MT4.

Candles Charts in MT4 Software

The fourth choice in the MetaTrader 4 charts menu is the candles button. It lets you pick candle charts for trading analysis.

What is the Best XAUUSD Analysis Software MetaTrader 4 Software? - How Do I Trade in MT4 Platform Software?

What Constitutes the Best Analysis Software for MetaTrader 4? – Examining Chart Analysis Capabilities in MT4

To trade with these analysis Charts - candlesticks charts on the MT4 platform, the above MT4 charts button keys displays where one should select the button key do select this option - best xauusd analysis Charts Candles option in the MT4 Platform.

Trading Candlesticks on the MetaTrader 4 Platform - Best Analysis Software for MT4

These candles are plotted using also color coding:

Red Candles - Price went down

Blue Candlesticks - Price went up

Many traders like candlestick charts for analysis. They look good and simplify trading. MetaTrader candles reveal lots of details for top chart reads.

These best trading analysis Charts will show the Opening, High, Low, Closing price of a particular period of time. This is abbreviated OHCL candle s.

The body of the candle-sticks will show price movement that was within the opening and closing price of a particular period just as is shown in MT4 platform above - Candle trading analysis chart info is also used to determine a lot of analysis info. For illustration in the above MT4 chart the long blue body candlesticks meant there were a lot of buyers & therefore the price movement was likely to continue in upwards bullish trend direction.

The upper and lower shadows, also known as wicks, of the candles reveal the absolute highest and lowest price levels reached during that period.

Best Trading Analysis Software MT4 Trading

Where Can I Get Analysis Platform Guides?

The comprehensive courses on trading analysis charts for mastering Japanese candlestick patterns, detailed below, can be utilized to discern signals indicating either a trend reversal or a continuation from various chart patterns and xauusd setups.

To deepen your understanding of chart pattern analysis, review these lessons focused on interpreting MT4 candlestick charts:

Japanese Candlesticks MT4 Analysis MT4 Charts Patterns Guide

Patterns for Analyzing Doji and Marubozu Candles -

Spinning Top Candlestick Analysis Charts Patterns

Reversal Candle Sticks Patterns Analysis Charts Patterns

Inverted Hammer Candle Pattern and Shooting Star Candlestick Pattern Analysis Charts Patterns

Piercing Line Candle Pattern and Dark Cloud Candle Pattern Analysis Charts Patterns

Morning Star Candlestick and Evening Star Candlesticks Analysis Charts Patterns

MT4 Technical Analysis Trading - Where can one access guides for analysis software/platforms?

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