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 option on the MetaTrader 4 Platform charts menu is the candles charts button key - used to choose & select the candles trading analysis charts to trade with as candles charts.
What are the Best Analysis Software MetaTrader 4 Software? - MetaTrader 4 Charts Analysis
To trade with these analysis Charts - candlesticks charts on the MT4 platform software, 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.
Candlesticks Trading in MetaTrader 4 Platform Software - Best Analysis Software in the MT4
These candles are plotted using also color coding:
Red Candles - Price went down
Blue Candlesticks - Price went up
This candlestick chart type trading analysis is also preferred by many traders because they are more appealing for technical analysis & easier to trade with. A lot of info can be interpreted from these MetaTrader candles charts - best analysis Charts.
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 & shown in MT4 platform software 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 shadow, wicks of the candles will explain highest point and lowest point that the price reached.
Best Trading Analysis Software MT4 Trading
Where Can I Get Analysis Platform Guides?
The best trading analysis charts courses for learning Japanese candle patterns guides below can be used to learn how to ascertain trend reversal signal or trend continuation signals from different patterns & xauusd pattern setups.
To know more about trading analysis charts patterns, a trader can read these MT4 candles charts analysis lessons:
Japanese Candlesticks MT4 Analysis MT4 Charts Patterns Guide
Marubozu and Doji Candles Analysis Charts Patterns
Spinning Top Candlestick Analysis Charts Patterns
Reversal Candle Sticks Patterns Analysis Charts Patterns
Inverted Hammer Candle Pattern and Shooting Star Candle Pattern Analysis Charts Patterns
Piercing Line Candle Pattern and Dark Cloud Candlestick Pattern Analysis Charts Patterns
Morning Star Candlestick and Evening Star Candlesticks Analysis Charts Patterns
MT4 Technical Analysis Trade - Where Can I Get Analysis Software/Platform Guides
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