Chart Timeframes Explained
A 1-minute lesson from the MarketPro academy, one of 16 in orders and execution.
Chart timeframes determine how much time each data point, such as a candlestick, represents on a price chart. Choosing an appropriate timeframe affects the kind of information a trader sees and the type of trading it tends to support.
Chart timeframes determine how much time each data point, such as a candlestick, represents on a price chart. Choosing an appropriate timeframe affects the kind of information a trader sees and the type of trading it tends to support.
Common Timeframe Categories
- Short-term (e.g., 1-minute to 15-minute charts): used mainly for very short-term trading, showing fine-grained detail and more noise.
- Medium-term (e.g., hourly to 4-hour charts): often used to identify trends over a period of days.
- Long-term (e.g., daily, weekly, or monthly charts): used to view broader trends over months or years, smoothing out shorter-term fluctuations.
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Lesson 8 of 16 in Orders and execution
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