StocksToTrade 2.3.1 offers 4 types of Chart styles:
- Candlestick Chart - default
- Heiken - Ashi Candles
- Bar Chart
- Line Chart
You may switch styles at any time by using the style selector button:
A candlestick chart is defined by candle bars that represent the security values for a specific duration of time (see Changing Intervals on page 20). Each candle displays the opening, closing, high and low values for that specific period.
High and Low price values for any given period are respectively represented by the top and bottom candle sticks (thin vertical line). The body height of the candle is defined by the difference in price between opening and closing prices (close price minus open price) while coloring is represented by the sign of this difference: red represents a negative difference (close less than open), green represents a positive difference (close greater than open).
Each of the limits values of the candle (high, low, open, close) are represented graphically on the y-axis.
The Bar Chart provides a similar approach to Candlestick Charts by displaying opening/closing/high/low values for a given period along with the sign of change represented by the color.
In the bar chart, the top of the vertical line indicates the highest price of a stock during the day, 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.
This is the most basic chart that represents a plot with the last traded price in relation to time for the defined time-frame.
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