Cryptohopper blog

Candles are the oldest piece of trader technology we still use. The Japanese rice market invented them in the 1700s, and pretty much every chart you've ever seen — TradingView, Binance, Cryptohopper, your broker, your exchange — is still drawing them. Every indicator anyone cares about is a function of candle data. Every backtest is a loop over candle data. If you want to reason about the history of a market, rather than just the current state, candles are the only data type that does it.