Charts Change Chart Type
To switch from one chart type (bar chart, candlesticks chart, line chart etc.), to another, you can click Menu Bar>View and you will be able to switch to: Bar chart‐ represent each period with a vertical line that indicates the highest price
with its top, and the bottom represents the lowest price. The closing price is displayed on the right side of the bar, and the opening price is shown on the left side of the bar.
HLC chart‐ HLC (high, low, and close) bars intuitively represent the price action for
the chosen period. The vertical bar indicates the range of the high‐low for the day. A tick to the right represents the close price.
High Low chart‐ The chart is created by simple vertical bars representing the high
and low of the period by the ends of the bar. Candlestick chart‐ The most common chart type represents complex market action
during the period visualized by a candle. Shadows of the candle represent high and low. The body of the candle gives opening and closing levels. If period was negative the opening level is at the upper side of the body and closing is the bottom of the candle body. Reverse is true for period ended positive, as price at the close is higher than at the open.
Line chart‐ This is a line usually connecting the closing level of each period. Candlevolume chart‐ Candle volume charts are a unique hybrid of Equivolume and
candlestick charts. Candlevolume charts possess the shadows and body characteristics of candlestick charts, plus the volume width attribute of Equivolume charts.
The combination gives the unique ability to study candlestick patterns in combination with their volume related movements. The shape of each Equivolume box provides a picture of the supply and demand for the security during a specific trading period.
Copyright © Riflexo Jsc. 2011
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