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Worden Discussion Forum » Members » Saintcaffeine

Profile: Saintcaffeine
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User Name: Saintcaffeine
Groups: Gold User, Member, TeleChart
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Joined: Monday, February 7, 2005
Last Visit: Tuesday, August 18, 2015 10:54:21 AM
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Topic: candlesticks, vs bars
Posted: Tuesday, April 5, 2011 8:42:07 PM
I prefer Candlesticks for short timeframes daily/intraday and OHLC or just HLC for Weekly and longer. A well respected trader Alexander Elder has pointed out on numerous occasions that candlesticks take up screen real estate. Just using the OHLC bars enables you to view more price history than if it was charted as candlesticks.

Interested to hear what others have to say. It is also cool to look back at the webinar archive and see what the pro's are using.