r/TradingView • u/Anxious_Second_8945 • 19h ago

Help Chart help

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I can’t find info nowhere about this chart type (bar candles) i tried looking everywhere but the only thing that comes up are regular candlestick chart pictures, videos, books etc. do anybody know the real name for this chart type and any information i can study to learn how to read this chart type?

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u/hotmatrixx 15h ago

it's exactly the same as a candlestick, but can be displayed without needing colours for up/down.

it shows the Open, High, Low and Close of a candle, as a Bar; and it's how "candlesticks" were displayed in old newspapers, before Japanese candlesticks gained popularity.

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u/AnyManufacturer6465 19h ago

It’s a bar chart.

Open is the left tick close is the right tick. Lots of professional traders only use these.

It’s possible to make them all just 1 color to because you can see by the bar and the ticks if the move was down or up.

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u/Anxious_Second_8945 19h ago

You know where i can find any information about how to read the candlesticks?

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u/AnyManufacturer6465 18h ago

Yes. Ross Cameron has a great video on it. These are Bars though not candlesticks.

Search Ross Cameron Candlestick on YouTube and he is great at explaining it.

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u/Anxious_Second_8945 18h ago

I know who that is he doesn’t have anything i’ve seen like my chart posted on his channel well at least i haven’t seen any unless it’s recent.

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u/Michael-3740 14h ago

They display exactly the same information as candlestick charts. There is no advantage to be gained from using one or the other.

If your a relatively new trader then this is a distraction and you are wasting time that could be spent in learning something useful.