Price charts in MetaTrader 5 app
Charts in free MetaTrader 5 application will help you to visualize Forex, stock, and CFD quote changes over time. Their purpose is to facilitate the technical analysis of currencies, stocks, and CFDs with the help of indicators and analytical objects.
Charts in MetaTrader 5 for iPhone/iPad and Android can be displayed as lines, bars, or Japanese candlesticks. The line is plotted in a two-dimensional environment. The vertical axis shows the price, while the horizontal one displays the time. The chart consists of multiple points connected by lines. Each point represents a price of a stock, currency, or CFD for a certain period.
Bars are built in the form of lines displaying a price for a certain period of time. The bars take into account all financial instrument price parameters: a horizontal line to the left represents the opening price, to the right – the closing price, and the top and bottom lines show the maximum and minimum values. For example, if the right line is higher than the left one, the instrument price moves up.
The Japanese candlesticks show the maximum and minimum price values as well. A black candle body stands for a falling price, while a white one means a growing price. The longer the body, the greater the price difference.
All chart types can display tick volumes, last price lines, OHLC line, etc. The Crosshair mode allows viewing an exact date and price, as well as the values of applied technical indicators in any point of a chart. All charts and elements are highly customizable, allowing you to create your own comfortable working space.
Thus, free Forex and stock price charts facilitate advanced technical analysis in MetaTrader 5. Use charts with analytical tools and make more accurate trading decisions!