Hi, I am looking for charts where price is showed by points (every single trade is marked with a point). How is it called?
I think you're probably referring to "tick charts", but it isn't quite clear from your question. It depends what you mean by "with a point". If an order is transacted at the same price as the previous transaction, then clearly there's no price movement. On "tick charts", the periodicity of the bars/candles is defined not by the passage of a fixed time interval but by the transacting of a fixed number of orders. One of the potential difficulties of interpreting this charting layout is that it fails to distinguish between a very small retail transaction and a huge institutional trade. They're each classified as "one transaction": whatever the instrument is, if you buy 100 units, and if a pension-fund buys 1,000,000 units, then both trade executions are effectively recorded the same way, as "one transaction". Charting volume is what distinguishes between the two.
CalculatingRange Bars.Range barstake only price into consideration; therefore, eachbarrepresents a specified movement of price. ... The number ofrange barscreated during a trading session will also depend on the instrument being charted and the specified price movement of therange bar.
%% Sounds like they answered it+ depends on what you mean by '' a point'', krolewSky. I double checked the practical meaning of ''a point''; a point also refer to a $1.00 move, in stocks.Most institutions also measure in %. For example TGT stock, in a [12 month]bear market ,dropped 10 points/+[$67 down to $57/+ , in a day ,in FEB,2017].......!0 points =$10 per stock share. NOT a stock tip or prediction ; its a trend comment. SPY is still an [12 month]uptrending bull market ,is frequently charted in points[$1.00 ] ,measured on right edge of daily charts] or 5 points measured, on daily chart[on right edge of chart]. NOT a prediction.