Introduction to Market Chart Types
In recent discussions, I emphasized how the choice of chart type can significantly influence your understanding of market movements.
Preferred Visualization: OHLC Charts
My preferred visualization is the Open, High, Low, Close (OHLC) chart.
Reader Inquiries and Availability
Several readers inquired about how to utilize OHLC charts within their trading setups. The good news is that OHLC charts are readily available across all major platforms without requiring additional software upgrades—you just need to know where to locate them.
How to Find and Add OHLC Charts
Today, I will demonstrate how to find and add OHLC bar charts on two widely used financial websites: Yahoo Finance and Schwab.
Using Yahoo Finance
Starting with Yahoo Finance, let’s consider Nvidia (NVDA) as our example. When viewing a stock ticker on Yahoo Finance, you might see a straightforward line chart covering the past year. While this provides a general overview, it doesn’t reveal the detailed trading activity.
For a more comprehensive view, switch to an OHLC bar chart. Click on the “Advanced Chart” option loca...