Open-high-low-close & Candlestick chart

For elements not mentioned here see: Elements of the chart

Overview

Open-high-low-close

This type of graph, called also OHLC is typically used to illustrate movements in the price of a financial instrument over time.

Candlestick

This is simply other type of OHLC graph, where each candlestick represents all four important pieces of information for that day: open and close in the thick body; high and low in the “candle wick”.

What this type of chart needs?

To create Open-high-low-close or Candlestick graph you need 4 series which will represent movements of price - specifically open, high, low and close. Without it it's not possible to create these graphs.

How Graph layout works?

Graph layout window allows to choose one of graph styles which differs depending on chart type. There are three ways to access Graph layout settings:

  • clicking on Graph layout icon

  • right clicking on the chart and selecting Graph layout option

  • using the keyboard shortcut CTRL + L

Here, you can define how the graph should be displayed as well as which series corresponds to which axis.  On the right side of the window, the graphed pairs of series are displayed under a graph type. The first series of each pair is placed on the x-axis and the second one on the y-axis. Click and drag to move them if you want to switch the axes.

Example

Graph samples

In this example we presented available types of charts.