Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Best Forex Brokers
  • Learn trading
  • Affiliate
  • Contact
  • About us
Home » Education » Finance education » Trading One Minute Charts – With Examples

Trading One Minute Charts – With Examples

by Fxigor

A new bar that is drawn after a certain number of trades is known as a tick-chart, and the chart used to mark the price movement during a particular trading session is known as a time-chart. Both charts are essential in the world of finance and trading. The trader will select one or use both as per his requirements. According to the previous set number of trades, a new bar is created in a tick-chart, either up or down, following every tick. A time-chart differs from a tick-chart in various ways. Its principle is a specific timeframe. It can be configured for different time periods. Both serve different purposes, and traders can select any.

Trading one-minute charts represent short time strategy where traders trade in nimble style where a new bar forms every minute, showing the high, low, open, and close for that one-minute period. Scalper traders usually use one minute chart time frame. One-minute chart trading strategies always follow the main trend (hourly, daily, etc. ) for better profitability.

BEST BROKERS REVIEWS
avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

Understanding the Basics

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

BEST BROKERS REVIEWS
free course banner

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

The two most popular charts used by the traders are candlestick and bar charts. Both charts provide the same information to the traders. The major difference between the two is that candlestick charts are color-coded, making them more user-friendly.

A trader can create price bars based on time-charts or tick-charts, using these two types of charts. Both time and tick charts have their shortcomings. Experienced traders often use both the charts to analyze the risk and make a trade. It would be wise to understand all the types of charts in detail.

Tick chart vs. Candlestick

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

One-minute or time-charts are set for numerous time frames. These time frames can be long or short. These can be one-minute, two-minute, or five-minute charts. Though, a trader would use a shorter timeframe for active trading. When the determined time period elapses, a new price bar is formed. 

BEST BROKERS REVIEWS

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

free course banner
fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

When trading with one-minute charts, a new bar forms every minute. It shows the high, low, open, and closes for that particular period. This leads to the creation of a uniform x-axis on the price. All the price bars are evenly spaced. A trader will get sixty price bars over a period of an hour. As the market can turn completely within a minute, one-minute charts are suitable in susceptible trading markets.

512 tick chart

Tick charts are based on the number of transactions rather than the time period. For example, in a 512 tick-chart, a new bar gets created after every 512 transactions, making it more suitable for the traders who make a significant number of transactions in a day. You can keep the ticks as low as 5 and raise the bar as per your needs. 

The x-axis of a tick-chart is not uniform like that on a time-chart as there can be active and slower times throughout the day. The most active time is when the market opens. As more transactions are happening during that spell, the tick bars occur rather quickly. When the activities are not as volatile, for example, during the lunch break, it may take some time for even one bar tick to get created.

Tick-Charts vs. Time-Charts

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

There is no right answer or tool in the world of trading. Both tick and time charts are important to study the market and have their set of pros and cons. Which is more suitable for you depends on the trading platform. 

A tick-chart would be more useful in a market where the flow of transactions is higher. Here the tick-chart will provide more information than the time-chart. From smaller-scale price movements to a significant price change, the tick-chart will keep the trader more informed. Similarly, when the number of transactions is smaller,  a time-chart will be more beneficial. The trader will not have to wait for a certain number of transactions to happen before he can get the required information. Irrespective of everything, a bar will get created every minute.

Trading One Minute Charts Example

In this example, traders can use the EMA9 moving average on the 1-minute chart. The idea is to wait to see the price on an important level, such as previous support or previous resistance. At that moment, a trader can enter into a trader following the major trend. Please see the video and basic instructions:

One minute chart trading strategy example 1:

Buy currency pair if the price is just broken last 12 hours high, price is touched EMA 9 moving average one minute chart.

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

Sell currency pair If the price is just broken last 12 hours low, price is touched EMA 9 moving average one minute chart.

One minute chart trading strategy example 2:

Scalping rules:
Buy asset if
the price is above EMA200 on the daily chart
EMA200 is flat (not strong bullish or strong bearish)
price is near MA20 on the 1-minute chart
MA20 is rising on the 1-minute chart.

Sell asset if
the price is below EMA200 on the daily chart
EMA200 is flat (not strong bullish or strong bearish)
price is near MA20 on the 1-minute chart
MA20 is bearish on the 1-minute chart.

Read more details in the advanced forex strategy article.

Situation 1: 

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

Consider the time when the time when the market opens. Several tick bars are created within the first minute itself. It tells the trader about the multiple price swings that he can use to his benefit. If he were using a one-minute chart, he would have to wait for an entire minute to receive the data. By that time, he would have lost his window of opportunity.

Situation 2:

Consider the lunch break where around ten transactions occur each minute. If you were using a 90-tick chart, you would have to wait for 90 transactions to happen. A trader wouldn’t have received any information the transactions were not enough to curate a new bar. However, he would get information about every minute by using a one-minute chart.

The tick-chart shows a trader the high and low activity timeframes by adapting to the market. Fewer bars means that there is a dip in the number of transactions and vice-versa. On the other hand, the one-minute chart will keep producing a bar as long as at least one transaction is happening within that minute. They do their work even when the market is slow.

In conclusion, it could be asserted that whether you are considering tick-chart vs. time-chart or tick-chart vs. candlestick, you cannot hope for a perfect answer. Both charts are important for a trader. He may select the one that suits his needs. Most traders often use both, rather all the charts, within a given day. Every transaction, every minute, every price swing is crucial in trading markets, and these charts enable the traders to take calculated risks. These are the tools on which their trading strategy depends. Thus, it can be asserted that neither of the charts is better than the other. Their applications are unique and important.

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

 

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
igor@forex.in.rs
Fxigor
Latest posts by Fxigor (see all)
  • What is Forex Trader?
  • General Characteristics of Precious Metals – Precious Metals Criteria
  • Is Titanium a Precious Metal?

Related posts:

  1. How to Read Forex Bar Charts?
  2. What is Tick Data in Forex? – Tick charts
  3. Understanding Renko Charts – Are Renko Charts Profitable? – Free Download
  4. The Best Stock Ticker – Live Market Charts Free
  5. How to Read Forex Charts?
  6. Indirect Finance Examples
  7. Trading Point Meaning – Futures Point Value vs. Forex Point Value
  8. Short Term Finance Examples
  9. Historical Time and Sales Data in Forex Trading
  10. Define Systematic Risk – Systematic Risk Examples
  11. Metatrader 4 Shortcuts

Filed Under: Finance education

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Diversify your savings with a gold IRA.

Gold & silver portfolio-building assistance from product professionals.

VISIT GOLD IRA COMPANY If you want to trade stocks try: TRADE IDEAS

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

Website categories

Main Forex Info

  • Forex Calendar 2022
  • Forex Holidays Calendar 2022 – Holidays Around the World
  • Non-Farm Payroll Dates 2023.
  • Fed Meeting Schedule 2023. Dates! – FOMC Dates
  • Key Economic Indicators For a Country
  • What is PAMM in Forex?
  • Stock Exchange Trading Hours

Main navigation:

  • Home
  • About us
  • The Best Forex Brokers of 2023 (Ranked & Reviewed)
  • Free Forex Account Without Deposit in Autumn of 2023.
  • Best Forex Affiliate Programs in 2023.
  • Best Forex Brokers by Monthly Traffic of 2023
  • Brokers That Accept PayPal Deposits
  • Forex brokers reviews
  • Investment
  • Education

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Privacy Policy
  • Contact us

Spanish language

Spanish language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007

Privacy Policy