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Showing Tag: "ohlc" (Show all posts)

How to plot a single OHLC bar and a single Candlestick bar

Posted by tushar chatterjee on Sunday, May 22, 2011, In : Technical analysis 
How to plot a single OHLC bar
 
 As already mentioned, its made up of open/high/low/close price of a given security.

A long straight line stands for the high and low where high is the highest point of that line and low is the lowest point of the line, which effectively defines the trading range

The open price is denoted by a tick on the left hand side and the clos price is denoted by a tick at the right hand side of the long straight line., viz the trading range


How to plot a single candle stick b...


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Various Types of Charts

Posted by tushar chatterjee on Sunday, May 22, 2011, In : Technical analysis 
Though thee are many types of chart but most important types are as follows 
  1. Line chart
  2. Bar chart or OHLC chart
  3. Candle stick chart

Line chart


 It is the very basic chart which consists of only closing price under a particular time frame, here, like any other chart, time scale remain along the X axis and price scale stays with Y axis and closing price of a security under a particular time frame is plotted and then joined by a line to get a line chart



Bar chart or ohlc chart 

As the name suggests this...
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