Tick vs Candlestick

Discussion in 'Trading' started by Mr. Tenacity, Jun 9, 2011.

Daytraders: Tick Chart vs. Candlestick Chart(what's better?)

  1. Tick Charts

    3 vote(s)
  2. Candlestick Charts

    6 vote(s)
  1. Traders,

    I was wondering if anyone had a preference to Tick charts over Candlestick or vice-versa. Please explain why one is better than the other. This is a question mainly for daytraders. Thanks
  2. emg


    tick chart overload your IP bandwidth causes computer freeze constantly.

    Candle chart does not require too much power to overload the IP bandwidth.
  3. I work for a prop firm and I was advise to incorporate tick charts in my trading arsenal . I understand it's important because it's pretty much a visual chart of time and sales. Tick chart may be best for scalpers
  4. Sell that Commodore 64.
  5. emg



    I'll sell my Macintosh 1979


    CPU: MOS Technology/SynerTek 6502

    CPU Speed: 1 MHz

    FPU: none

    Bus Speed: 1 MHz

    Register Width: 8-bit

    Data Bus Width: 8-bit

    Address Bus Width: 16-bit

    ROM: 12 kB

    Onboard RAM: 48 kB

    RAM slots: 1st expansion slot can be used

    Maximum RAM: 64 kB

    Expansion Slots: 8 proprietary
  6. wow, that is a nice set up....LMFAO
  7. wrbtrader


    Both are good but it depends on your trading style as a day trader. For example, if you're scalping (most folks consider such as day trading)...go with tick charts.

    However, if you're using candlestick pattern signals...you obviously need candlestick charts. There are other day trading situations where one will have preference versus the other. Yet, the point is you have to know your type of day trading style to determine which is better.


  8. For women, candlesticks win hands down.
  9. You can have a tick chart that is displayed in candlestick form.

    Think you meant to ask - tick chart vs minute charts (as well as volume based charts or range charts or etc. etc.).

    Candlestick is just a way to format how the chart is displayed.
  10. ?mac, looks like an Apple II to me

    no, I think you're just posing as an old fart, who would never have made a mistake like that
    #10     Jun 9, 2011