OHLC Bars vs Red and Green Candlesticks


#1

Why is it better from a mental and psychology aspect of trading to use OHLC Bars as supposed to using Red and Green Candlesticks?


#2

OHLC bars are thinner, so more can fit on a chart letting you see more price action

Candlestick colors can be wrong (time based bars) I see this on every platform where the color is randomly backwards

OHLC bars make you think candles are pretty but they are lazier (ie issue listed above).

Removing the color red/green from every single bar helps you as a trader with the psychology of emotion of every bar. The goal is to get rid of the flashing casino lights and be a professional. You can still do anything with a OHLC that you do with a candle, but you see more bars that are accurate and less emotional

Darrell