3. LINE CHART
These charts are handy for quickly determining the trend – only the current price and last close price is graphed – as such these charts should not be used for placing stop loss or take profit orders.
These charts show all the information you need but most traders and analysts tend to favour MT5’s third option – Candlestick charts.
To learn more about charts and their use, see the Education section of the Vantage FX website.