The library
Reading a chart
The basics, assumed by everything else in the library. No background needed.
- 01Reading a candleWhat each part of a candlestick records, the shapes worth recognizing, and where true range fits in.
- 02Timeframes, and what changes between themEvery chart shows the same transactions. The timeframe decides how many of them get squashed into one bar, and that choice changes more than resolution.
- 03What volume does and doesn't tell youVolume counts transactions. It does not count buyers, and the difference between those two statements undoes most of what gets said about it.
- 04Regular hours, overnight, and why the open mattersWhether your chart includes the overnight session changes your levels, your ranges, and every indicator reading on the screen. Most people never check which they are looking at.
- 05Bar types: time, tick, range, and volumeTime is one way to decide when a bar ends. It is not the only one, and the alternatives change what your chart is measuring.
- 06Glossary: the terms, in plain languageEvery term used on this site and in the suite, defined once, without assuming you already know a related one.