Primary information of trade, secondary information, tertiary information
Primary information refers to the orders for buying and selling themselves
In FX, it is the OANDA order book
This is pure information that has not been processed at all
Next is secondary information, which is the candlestick
By buy and sell orders
How far the day’s high and low moved
The chart is built with the four-price definition for its start and end
And tertiary information is the indicator
It creates signals based on the candlestick from secondary information
Being the latest information, its reaction is naturally slower
Like this
Order book < Candlestick < Indicator
The information becomes more processed as you move to the right
Trading results differ depending on which information you obtain
The more you use processed, slower information
Trading becomes more difficult
By the way, in stocks
Primary information can be viewed on the level 2 board
Buy and sell orders are displayed at all times
Since stock boards are free to view at most brokerages
Please use it as a reference
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