Whenever there are multiple (3 or more) different points of data, a pie chart is not the right chart to use. Pie charts are very easy to abuse.

Using a scatter chart automatically plots the ranges against their frequencies, but using a column graph creates a familiar histogram type chart. Open Microsoft Excel and list your data in column A.

Most notably, each chart type uses data differently, so you need to add Y-axis entries differently, depending on the type you use. Scatter Charts Scatter charts use two columns of data for each point.

A line chart connects a series of data points and is used by traders to monitor prices, currencies, indexes, and other data.

Ichimoku charts have more data points than other charts for more reliable price action. Discover how the application of Ichimoku charts can be used in forex trading. Skip to content.