How do I use and adjust the K-line chart?

The candlestick chart is an important analysis tool. Mastering the common candlestick chart settings on the platform can significantly enhance your transaction efficiency and greatly benefit your transaction.

1. Overview of the K-line chart page.

Open the platform app and go to the chart page. The main chart interface has three areas that display transaction information and the chart.

• Price information: This section displays the latest price, ATH, lowest price, trading volume, and the associated module for this cryptocurrency.

• K-line chart: Supports various time periods from minute charts to monthly charts, catering to different trading cycle viewing needs. In the indicator settings, you can set volume (VOL), moving average (MA), Bollinger Bands, MACD, stop-loss indicators, and more to help determine trends and entry/exit points. For a complete overview, please go to the Indicator Settings.

  In the candlestick chart, B and S refer to historical transaction records. B stands for buy, and S stands for sell. If you want to show or hide this information, you can adjust it in the settings under "Historical Orders" in the top right corner of the candlestick chart.

• Transaction orders: Displays information such as orders, depth, and trading rules.

After familiarizing yourself with the main interface layout, you can quickly locate the information you need and set the desired parameters and pages.

2. Price/Cycle/MCap

1. Price display: Click on the latest price to switch the chart to show the latest price, index price, and mark price.

   1. Latest filled price = latest price = marketplace Markets price.

   2. Index price: The spot index price is based on the trading pairs from more than three major exchanges selected by OKX. It accurately reflects the fair spot market price of each cryptocurrency and serves as the reference price for futures trading.

   3. Mark price: This is the fair price of the contract market calculated using the spot index price plus a reasonable basis; the mark price is used to calculate the liquidation of contracts and the unrealized profit and loss on the positions page.

2. Period adjustment: The period options are usually located at the top of the chart or in the sidebar, allowing for quick switching between different time frames. Short-term traders can select short periods like 1 minute or 5 minutes, while long-term traders rather follow daily or weekly charts.

3. MCap and trading pair information: MCap data helps you understand the market size of a cryptocurrency. When combined with trading volume, it can indicate liquidity.
   

3. K-line colors / Price change period / Quick order / News / Coordinates

Click the Settings button in the upper right corner of the candlestick chart to customize various options, such as candlestick colors, price change periods, and quick order settings.

1. K-line color settings: By default, green represents an upward trend, while red indicates a downward trend. You can adjust these colors based on your personal preferences to enhance visual recognition.

2. Price change period and candlestick time: The default initial price change period is set to UTC international time.

   1. (1) At 12:00 AM HKT: The price change percentage and candlestick data are calculated starting from 12:00 AM HKT (12:00 AM Beijing time).

   2. (2) International time 0:00: The price change percentage and K-line data start calculating from international time 0:00 (8:00 AM Beijing time).

   3. (3) 24H system: The price change data is dynamically calculated over a 24-hour period, with candlestick charts starting from midnight UTC (8 AM Beijing time).

3. Quick order: The chart integrates a quick order feature. Click the [+] button to the right of a candlestick price to show more the quick transaction popup, which will automatically fill in the selected price in the price box. After placing an order, a price line will appear. You can drag this line to modify the price. Both market and limit orders are supported.

4. Financial calendar: To view the transaction page for this cryptocurrency, click on the K-line chart, then tap the settings icon in the upper right corner to open the Financial Calendar. You can also access the K-line for the corresponding trading pair and click the news icon at the bottom of the page to see upcoming financial data releases and major events.

5. K-line countdown: On the K-line chart page, click the settings icon in the upper right corner. You can enable or disable the "Countdown" option in the chart display settings to view or hide the remaining time until the current K-line closes.

6. To draw lines: Click on [Settings] - [Drawing]. You can use the drawing tools on the right side of the full-screen candlestick chart. You can also remove all drawn lines or share the drawing interface. Click the icon at the bottom to exit the drawing tool and go to the technical indicators selection page. Click the drawing icon to re-enter the drawing page.

   In the native K-line chart of the client, when the line drawing synchronization feature is enabled, it will be saved automatically. The TV version does not support line drawing. Click on a drawn line to open the settings window, where you can lock or delete the line.

7. Technical indicators: On the candlestick chart page, in the sub-chart indicator section, you can access various auxiliary technical indicators such as MACD, MA, Bollinger Bands, and Super Trend Line. Currently, the Super Trend Line is only available on the app; it cannot be used on the web version at this time.

   Click the settings icon in the upper right corner of the K-line chart and select "Indicators." You can adjust the indicator settings, such as choosing the CCI indicator. The default time period is 14 days, but you can change it to other parameters like 5 or 20 based on your needs.

8. Price coordinates: In the Chart Settings, switch to TradingView, return to the candlestick chart page, and click the settings button below the price in the lower right corner. You can reset the price coordinates here. The default price coordinates are linear, but you can also choose options like percentage or logarithmic coordinates.

You can also access features such as estimated liquidation price, position cost, price alerts, economic calendar, real-time monitoring, and floating window on the page mentioned above to enhance your monitoring efficiency. In version 6.127.0, the options for double-click full screen, quick order, cancel order confirmation, and last price display have been removed and are now enabled by default.

4. order book / Trading rules.

1. Order book: The left side of the Orderbook shows the quantity of buy orders at different price levels, while the right side displays sell orders. You can view the transaction depth and the quantity of buy and sell orders at various price points.

2. Trading rules: The trading rules section provides detailed information about the settlement currency, contract size, minimum price fluctuation, leverage level, and other key details for the trading pair. Familiarizing yourself with these rules can help you avoid losses due to operational errors.

The design of the candlestick chart features aims to provide comprehensive market analysis tools. By effectively utilizing price cycles, technical indicators, real-time monitoring, and quick order placement, traders can capture opportunities and manage risks more efficiently. Mastering these features will help you respond to market fluctuations with greater confidence and improve the quality of your trading decisions. You can also learn about candlestick patterns systematically through the Beginner Academy: Learn candlestick patterns from scratch link.