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2D Candlestick Chart

From Grapheme wiki

Overview

A Candlestick chart is a type of chart typically used to display financial information about price movements. The Japanese have been using candlestick charts since the 17th century to analyse rice prices. In order to create a candlestick chart, a data set that contains open, high, low and close values for each observation point is required. The hollow or filled portion of the candlestick is called body whilst the long thin lines above and below the body represent the high/low range and are commonly called shadows (also referred to as wicks and tails). To better highlight movements, candlestick charts often use two distinct colours (black/white or red/green) for the candlestick body a lower closing a higher closing observation, respectively.


Example

As typical example, consider the stock option market over the time where each day represents an observation point of the candlestick. Each day we use the opening and closing price to draw the body and maximum and minimum exchange price in the day to draw the shadows.


Within Grapheme

To create a Candlestick chart within Grapheme, click on 2D Charts → Candle from the toolbar of the Chart Explorer. Assign a name to the data series, select the source table and the view of the table containing the desired data sets. Select which columns should be used to define the X axes, and the data sets that contain open, high, low and close values.

See also

Grapheme: Candlestick Chart