Candle sticks chart

How to know the right candle sticks for indices?

Choose the time-frame you need for however long your strategy is designed to hold you in a winning position - start with daily if you can, or 4-hourly at least. Later try half-hourly but don’t go lower unless you are an expert trader.

When prices are rising, do not be short. When prices are falling, do not be long.

Candlestick charts display the high, low, open, and closing prices of a security for a specific period. Candlestick is for looking the chart pattern, well you can open the candlestick of preferred time-frame but yeah you can probably open the day or 4 hours time-frame

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