Advanced Charts with Bid/Ask Candlesticks

Advanced Charts with Bid/Ask Candlesticks

We are happy to let you know that we just added Bid & Ask candlesticks on Bitsgap chart. This addition will allow you to know the accurate best bids and asks prices based on historical data taken from the real order book. We believe you can use it to forecast market opportunities and adjust your strategic trading to ensure execution of your open positions.

In this feature release article we would like to highlight the most important details of the new Advanced Candlestick Chart switcher.

Ask

The open, high, low and close values are based on the best asks prices presented in the order book at the given time frame. You can see the historical trend at which prices other traders agreed to sell. It will help you to analyze patterns, and adjust your targets to where you are ready to enter the trade or close it by undercutting the resistance.

Bid

The open, high, low and close values are based on the best bid prices presented in the order book at the given time frame. You can see the historical trend at which prices other traders agreed to buy. It will help you to analyze patterns and adjust your targets to where you are ready to close the trade or enter just before the support line.

Recent Trades

This is a standard chart based on the recently executed trades at the given time. Most exchanges provide charts based on the actual trades, so every trader is familiar with this type of trading data.


We also include bid & ask indicators which will allow you to see the historical gap and compare it to recent trades. This will provide a more accurate view of the long-term strategy. You can access those indicators from the graph indicators menu.

Thank you for using Bitsgap! We are looking forward to hearing what do you think about this new feature. Let us know at [email protected] or join our telegram chat for open discussion.

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