investing
Understanding charts
August 30, 2018

Chart typeDescription
Candle-styleA candle-style chart displays each unit as a candle. A candle is composed of two wicks (two lines) and the body (rectangle). One candle will tell you the following information: opening price, closing price, high price, and low price. The body color is based on whether the open is higher than the close or vice versa
Open high low close (OHLC) bars styleAn OHLC bar chart consists of centrelines connecting high and low prices for the specified frequency. Bar width corresponds to the time interval. Open and close prices are displayed as horizontal lines projecting to either side of the centreline. By default, negative and positive trends appear in different colours
Open high low (OHL) bars styleAn OHL bar chart consists of centrelines connecting high and low prices. Bar width corresponds to the time interval. Open price is displayed as a horizontal line projecting to the left of the centreline. Close price is not displayed. By default, negative and positive trends appear in different colours
High low close (HLC) bars styleAn HLC bar chart consists of centrelines connecting high and low prices. Bar width corresponds to the time interval. The close price is displayed as a horizontal line projecting to the right of the centreline. Open price is not displayed. By default, negative and positive trends appear in different colours
High low (HL) bars styleAn HL bar chart consists of centrelines connecting high and low prices. Bar width corresponds to the time interval. Open and close prices are not displayed. By default, negative and positive trends appear in different colours
Line styleA line-style chart displays close prices connected with straight lines. Open, high, and low prices are not displayed. By default, negative and positive trends appear in different colours
Area styleArea style (also known as mountain style) connects all close prices with a line and colours the area underneath. The area included is highlighted with a different colour

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