Gráficos de Velas, Pips y Ticks

Learn trading chart types, candlestick anatomy, and the meaning of pips and ticks across Forex, commodities, and crypto. Essential price action concepts.

Published · Updated · Methodology: Price Action

Part of: Volume Analysis

  • Methodology: Price Action
  • Content type: educational
  • Timeframes: Not specified
  • Markets: Forex, Commodities, Indices, Stocks, Crypto

Indicators used

  • Volume

Source video

Decoded from: Análisis Técnico | Instituto IBT by Instituto IBT — watch the original

Key timestamps:

  • 0:10 - Introduction to chart types
  • 0:50 - Bar charts explained
  • 1:15 - Japanese candlesticks explained
  • 1:50 - Volume tool mentioned
  • 2:25 - Candlestick anatomy (body, wicks)
  • 3:00 - Bearish candlestick open/close
  • 3:15 - Bullish candlestick open/close
  • 3:45 - Types of candlesticks (indecision, Doji, Pinbar, Engulfing)
  • 4:50 - Pips and Ticks explained
  • 5:30 - Pips in non-JPY pairs
  • 6:30 - Pips in JPY pairs
  • 7:00 - Ticks in non-JPY pairs
  • 7:20 - Ticks in JPY pairs
  • 7:40 - Pips and Ticks in commodities/indices/stocks
  • 8:30 - Importance of Pips/Ticks for money management

Strategy overview

A candlestick compresses four prices — open, high, low and close — into a single mark, with volume sitting beneath it as a count of what actually changed hands. This entry is not a setup built on that vocabulary; it is the vocabulary. Its title pairs one thing you read (the candle) with two things you measure in (the pip and the tick), which is an honest description of what the source video teaches: how price is drawn, and in what units it is counted.

The recorded arc runs in one direction — downward in resolution. It opens on chart types in general, narrows to bar charts, then to Japanese candlesticks, and finishes on a single candle: first its anatomy of body and wicks, then what it means when the close sits below the open. Volume enters at the 1:50 mark as a tool being named during that tour, not as a filter or a condition — part of the chart's furniture, introduced alongside the drawing conventions rather than as something the lesson then acts on.

Instituto IBT is a training academy and this is Spanish-language classroom material, which is consistent with the absence of a rule record here: the video never proposes a trade, so there are no entry or exit conditions to extract from it. That does not make the material idle — every volume-based or price-action method downstream inherits its assumptions from this layer, and a misread wick or a confused price increment is an error that survives every later step. Read this page as the definitions, and look to the entries that do state rules for the trading logic.

Topics

price action · trading strategy · candlestick charts · pips and ticks explained · forex trading basics · commodities trading strategy · crypto trading course · technical analysis basics · trading for beginners · tradingview strategy · chart types · volume indicator

Frequently asked questions

What is the difference between a pip and a tick?

In general terms, a pip is the conventional quoting increment in forex — usually the fourth decimal place in most pairs — while a tick is the smallest price change an instrument is permitted to make, defined per contract by the exchange. "Tick" is also used for a single recorded price update on the tape.

What do the body and the wicks of a candlestick represent?

The body spans the distance between the open and the close, and the wicks (or shadows) mark the high and the low reached during the period. When the close sits below the open, the candle is read as bearish — the point the source video closes on.

Does this video include a trading strategy with entry and exit rules?

No. It is an introduction to chart types and candlestick anatomy from Instituto IBT, delivered in Spanish, and it names the volume tool without defining conditions for taking a trade. No rule set is attached to this entry for that reason.

How does volume relate to candlestick charts?

Volume is normally plotted as a separate series under the price chart and counts the activity that produced each candle, which is why platforms present it among the first tools offered alongside the chart-type selector. Strategy Decoder catalogs the videos that build explicit rules on top of that pairing.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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