Is market price or last price used in charts ?

Discussion in 'Trading' started by Looking4MasterMinds, Sep 24, 2022.

  1. Hello,
    When closing my positions I have the option of using last price or market price. I simply want to use whatever is shown in the candle charts...
    Let's say a candle chart shows me a recent high at 1000, does that mean the last price was 1000 at that time, or the market price was 1000 at that time ?

    Maybe the charts can be displayed as "last price charts" or "market price charts" ?

    thank you :)
     
  2. The charts I use show "last trade." For thinly traded stocks/options this may be quite a way from the b/a that you may see when watching in real time.
     
  3. How can I know if mine used last trades ? I use tradingview.
    I don't watch bid ask I watch chart only.
     
  4. BKR88

    BKR88

    Most charts use "last price".
    Forex often uses "bid price".
    "Market price" would be bid/ask lines or mid between bid/ask.
    Tradingview uses "last price", if that's what you choose in the settings.

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    Last edited: Sep 24, 2022
    SunTrader likes this.
  5. Hmm I see.
    The option though is last price LINE so it just gives a horizontal line at the current price.