Line charts: what you need to know and how to use them


Line chart is one of the most used chart types along with the bar and candlestick charts. It is widely used in the industry as it's simple, easy to understand, and provides clear price visualization. It displays an asset's price over time with a line connecting data points.

Enabling the chart type

Once you are on the Supercharts, open the chart type menu on the upper toolbar, and select Line.

Settings

To make the most of the line chart, you can customize it according to your preferences and needs.

To do so, choose Settings on the upper toolbar, and go to the Symbol tab.

The first section, Line, lists settings specific to the chart type:

  1. Price source. Choose the price you want the chart to show. By default, it is set to close price meaning the line will be plotted by connecting the asset's closing price in a sequence. According to your trading style, choose the desired price:
    1. Open. The chart will show the opening prices.
    2. High. Shows only the highest prices.
    3. Low. Shows only the lowest prices.
    4. Close. Shows only the closing prices.
    5. (H + L)/2. Shows the average of the highest and lowest prices.
    6. (H + L + C)/3. Shows the average of the highest, lowest, and closing prices.
    7. (O + H + L + C)/4. Shows the average of the opening, highest, lowest, and closing prices.

Line. With this setting on, the color of the line, its thickness, and opacity can be changed according to your preferences. Here, you can also choose between a gradient and a solid line.