This article is about to use the belt in ‘tool’ in JForex which will allow changing custom period selection on time base period and price base period. It is our (traders) normal tendency to use the default values of any platform. This practice limit us to use only common values/seating of the platform, although platform has many other options available that may be used for to test some new strategies and implanting new idea. Jforex is powerful forex trading platform that can give us a very flexible trading environment, with many other features it also provides a comprehensive selection of customized period selection.
Types of Chart Periods
There are two basic types of charts Period.
  • Time based chart
  • Price based chart
Time based chart
Time-based chart draws a new bar after a set number of Time intervals, for example after every 5 minutes. All bar, line, and candlestick charts are time base charts.
Price based period
Price based chart draw a new bar after a set number of trades, for example after every 50 trades. All Renko,
Line Break, point and Figure and Tick bars charts are The examples of price base period charts.
Default charts values of J forex
By def…
Read article
Translate to English Show original