Bar Charts vs Pro Sticks

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.