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Author Topic: bitcoincharts, technical indicators?  (Read 1012 times)
alan2here
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July 06, 2011, 04:06:13 PM
Last edit: April 24, 2019, 03:55:51 AM by alan2here
 #1

I have some questions. Sorry if they are a bit predictable but I'm reasonably new.
http://bitcoincharts.com/charts/britcoinGBP#rg1zig1-minztgMzm1g10zm2g25

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ColdHardMetal
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July 06, 2011, 04:56:31 PM
Last edit: July 06, 2011, 05:15:46 PM by ColdHardMetal
 #2

The colors on the volume bars should correspond to the colors of the candles. If the price closed higher in that period the volume bar will be green, and if the price closed lower the bar will be red. Grey if open and close prices were the same. That doesn't happen very often.

alan2here
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July 06, 2011, 05:05:24 PM
 #3

Thanks. So it's quite apparent looking at the line as well what color the volume bars below it ought to be.

The size of the bar indicates the ammount of money being traded?

If there have been no trades then the trade price shows the last trade price, so it looks like a horizontal line?

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ColdHardMetal
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July 06, 2011, 05:22:13 PM
 #4

Thanks. So it's quite apparent looking at the line as well what color the volume bars below it ought to be.

The size of the bar indicates the ammount of money being traded?

If there have been no trades then the trade price shows the last trade price, so it looks like a horizontal line?

I'm on my phone so not looking at the chart at the moment, but I believe the Y-axis on the left side is the scale for the volume bars. And yes, the higher the bar the higher the volume during that period.

No trades should be a flat price line.

alan2here
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July 06, 2011, 05:26:41 PM
Last edit: December 23, 2011, 04:44:48 PM by alan2here
 #5

Cool, ty. I'm using Gox price chart now, it's cleared up the periods of no activity I was seeing before.

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