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Forex Bar - the element of a bar chart


Bar is an integral element of the bar chart, which includes information about the behavior of prices for a particular financial instrument at a specified time interval (1 minute, 5 minutes, ..., 1 month). The information contained in bar includes the opening price (the price at the beginning of time period), the closing price (the price at the end of time period), the maximum price, minimum price for a specified time period. In the case of unfinished time period, the value of the above parameters may vary depending on the behavior of the market prior to the expiration time period of the emerging bars. Unfinished Bar can be found at the end of the bar chart, where the change of parameters can be observed in real time, since the bar is formed at the present time during the week.

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