> ## Documentation Index
> Fetch the complete documentation index at: https://docs.priest.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Reading the Chart

> The Priest.trade chart interface provides real-time visualization of price action, virtual curve movements, and external spot feeds.

The Priest.trade chart interface provides real-time visualization of price action, virtual curve movements, and external spot feeds.

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## 1. Candlestick Anatomy

Every candlestick on the chart represents the aggregate price movement over your selected time resolution (1m, 5m, 15m, 1h, 4h, 1D):

* **Open:** The price of the first fill during that interval.
* **High:** The highest price reached during that interval.
* **Low:** The lowest price reached during that interval.
* **Close:** The price of the last fill during that interval.
* **Color:**
  * **Green Candle:** Close > Open (Bullish upward movement).
  * **Red Candle:** Close \< Open (Bearish downward movement).

***

## 2. Mark Price vs Index Price Line

In perpetuals trading, distinguishing between Mark and Index is vital:

* **Mark Price (Solid Line / Current Candlestick):**
  * Reflects the real-time execution price of the contract.
  * On the primary rail, this is the curve price. On the secondary rail, this is the worst-of execution price.
  * Unrealized PnL is computed against the Mark Price.
* **Index Price (Dashed Line):**
  * Reflects the smoothed moving average (EWMA or Uniswap spot oracle).
  * Used for funding rate accrual and manipulation-resistant liquidation qualification.
  * If you see a brief wick in the Mark Price that does not move the Index Price, positions are protected from liquidating.

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## 3. Position Overlays

When you hold open positions or resting limit orders on a market, visual indicators appear directly on the chart:

* **Green Horizontal Line:** Your Long entry price (or Buy limit order).
* **Red Horizontal Line:** Your Short entry price (or Sell limit order).
* **Orange Dotted Line:** Your Take Profit level.
* **Purple Dotted Line:** Your Stop Loss level.
* **Red Flashing Line:** Your Liquidation Price.

You can drag and drop these lines directly on the chart to adjust your TP/SL trigger levels in real time!


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