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[[File:Hollow candstick_1.png|right]]
A Hollow Candlestick Chart plots the data series using a sequence of candlestick figures. A single candlestick consists of a body and a wick. The entire length of the candlestick represents the distance from the high to the low.
The body represents the distance between the open price and the close price.
The wick can be on either end or both ends. A wick above the body represents the distance from the high to the open/close, whichever is closer. A wick below the body represents the distance from the low to the open/close, whichever is closer.
On the chart, the body of a candlestick takes the form of a pillar-like rectangle. The wick is the line above and/or below the body.
The body of a candlestick can be either hollow or solid.
{|
|'''Hollow'''||A candlestick with a hollow body is called a bullish candlestick. The close is higher than the open.
|-
|'''Solid'''||A candlestick with a solid body is called a bearish candlestick. The close is lower than the open.
|-
|}
Additionally, a candlestick can be one of three colors.
{|
|'''Green (Up)'''||The close of the current candlestick is higher than the close of the previous candlestick.
|-
|'''Grey (Neutral)'''||The close of the current candlestick is the same as the close of the previous candlestick.
|-
|'''Red (Down)'''||The close of the current candlestick is lower than the close of the previous candlestick.
|}
<br><div style="background-color: #E5F6FF;">Tip: These are the default colors. <br>To change the colors,
# Double-click on the data series in the chart.
# Select the '''Style''' tab.
# Select '''Hollow Candlestick''' under '''Chart Type'''.
# Click the color bars under '''Chart Style''' to select different colors.
</div>
<br>
== Selecting Hollow Candlestick Chart Type ==
Chart type can be selected from the '''Format Instruments''' window:
# Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Style''' tab.
# In the '''Chart Type''' list box select '''Hollow Candlestick'''.
Candlestick Chart Type can also be selected by one of the following methods:
* Click the '''Hollow Candlestick Chart''' [[File:Candlestick Chart.png]] icon on the '''Chart Analysis''' toolbar; or:
* In the main menu select '''View''' and click '''Hollow Candlestick'''.
<br>
== Selecting Hollow Candlestick Chart Style ==
Chart style can be set from the '''Format Instruments''' window:
# Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Style''' tab.
# In the '''Chart Style''' section click on the component element to be changed.
# In the '''Color''' column select one of the standard 40 colors from the palette box, or click the '''Other''' button to create custom colors.
# From the '''Width''' drop-down list box select a width to change the thickness of the candlestick.
# To apply the most recently selected component's style to all components, click the '''Apply to All Components''' button.
# To display the Last Price Marker select the '''Last Price Marker''' check box, or clear the box to hide the marker; the color of the marker is the same as the color of the Down component.
# To use these style settings for all new charts of this type, select '''Use as Default''' check box.
<br>
[[Category:Chart Style]]