Bar Chart

 

Video: 

The speaker discusses the different types of charting methods; including, line charts, bar charts, and candlestick charts.  They mention that the absence of the time and volume component in the chart make these charts less reliable and more prone to false breakouts.  Prosticks integrate price with volume and time.  These charts resemble bar and candlestick charts as it displays high, low, close, and open data.  It is not a replacement to any of the traditional charting techniques; however, it complements them by providing more informative details around each bar. 

Pro sticks displays the modal point, or the price at which the highest number of transactions took place.  This video provides an in depth explanation to what pro sticks are and how they can help a trader. 

Video: 

The speaker covers the basics of line charts, or bar charts, or OHLC charts.  He covers the construction of these charts and talks about how the Open, High, Low, and Close are illustrated using bar charts.  He also talks through candlestick charting and mountain charts and suggests that candlestick charts are his favorite type visual charting method.

Video: 

Basics of bar charts.  This video covers bar charts and how they can be used when analyzing the markets.

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