CandleStick Bug  [SOLVED]

Questions about MultiCharts and user contributed studies.
KhaosTrader
Posts: 186
Joined: 10 May 2012
Has thanked: 14 times
Been thanked: 11 times

CandleStick Bug

Postby KhaosTrader » 16 Mar 2013

Hi,

I did hollow candlesticks, and some non-hollow candlesticks should be red but they are green, see pic below.
CandleStickBug.png
(92.1 KiB) Downloaded 551 times

User avatar
Henry MultiСharts
Posts: 9165
Joined: 25 Aug 2011
Has thanked: 1264 times
Been thanked: 2957 times

Re: CandleStick Bug

Postby Henry MultiСharts » 18 Mar 2013

Hello KhaosTrader,

The bars on your screenshot have the proper color.
A candlestick is Green (Up) when the close of the current candlestick is higher than the close of the previous candlestick.
Source: Hollow Candlestick Chart

KhaosTrader
Posts: 186
Joined: 10 May 2012
Has thanked: 14 times
Been thanked: 11 times

Re: CandleStick Bug

Postby KhaosTrader » 18 Mar 2013

I pointed out 2 candlesticks that are green and filled, they should be hollow if green, and those green filled candles should be red.

Look at the chart and u will see the arrows. Look at those arrows and see the problem.

User avatar
Henry MultiСharts
Posts: 9165
Joined: 25 Aug 2011
Has thanked: 1264 times
Been thanked: 2957 times

Re: CandleStick Bug

Postby Henry MultiСharts » 18 Mar 2013

Case#1:
Previous bar
O= 94.0370
H=94.65
L=93.7510
C=94.6210

Current bar (the one you are pointing to)
O= 95.7450
H= 95.9410
L= 94.6500
C= 95.1270

Hollow or filled?
If Open of the bar>Close of the bar then the bar style is filled.
That is true as O= 95.7450 > C= 95.1270

Line color:
If prev close < current close then color is green.
That is true as C=94.6210<C= 95.1270

Case#2:
Previous bar
O=97.2380
H=98.6420
L=97.0910
C=97.9860

Current bar (the one you are pointing to)
O=98.1670
H=98.3800
L=97.5670
C=98.0250

Hollow or filled?
If Open of the bar>Close of the bar then the bar style is filled.
That is true as O= 98.1670 > C=98.0250

Line color:
If prev close < current close then color is green.
That is true as C=97.9860<C=98.0250

There is no bug. Everything works correctly. Check how Hollow Candlestick Chart works.

KhaosTrader
Posts: 186
Joined: 10 May 2012
Has thanked: 14 times
Been thanked: 11 times

Re: CandleStick Bug  [SOLVED]

Postby KhaosTrader » 19 Mar 2013

ok, i see thanks, I thought hollow candlesticks were the same as green and solid same as red. I am new to hollow candlesticks, thanks for clarification.


Return to “MultiCharts”