What is a line chartWhat is a line chart in trading? A line chart is a type o... More in trading?
A line chart is a that shows data points or prices between time periods and then connects them together with a line.
The closing priceWhat are value stocks? A value company is a company that app... More or average priceWhat is price? The price is the measure of the value of good... More for each day, for example, can be plotted and connected with a line. On a one-hour time frameWhat is a time frame in trading? In trading and especially i... More, it would have been the closing price or average price of each hour.
Often, the time frames are so small that they are not visible, making the resolution of a picture the restriction for the precision of the chart.
It is the most basic chart available. It focuses on single data points, it leaves out the noise between the open and close for each period. Some prefer trading with line charts over other types of chart because of their simplicity.
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