THE DETAIL ABOUT CANDLES AND CHARTS
Technical analysis platforms (like Trading View or MetaTrader) categorize charts into three main groups based on how they process data. 1. Traditional (Time-Based) Charts These are the most common charts. A new bar or point is created after a specific amount of time passes (e.g., 1 minute, 1 hour, 1 day). 2. Trend-Smoothing Charts These use mathematical formulas to “smooth”…