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Candlestick Chart visually presents the data series as a sequence of "Candlesticks".
A '''Candlestick''' emphasizes the range between the Open and the Close price points (ticks), and the direction of price movement (trend) between them.
Each candlestick consists of a "Body" and a "Wick". The body is a pillar-like rectangle, connecting the Open and the Close (the first and the last ticks’) prices of the tick group, on which the candlestick is based. The body’s color indicates the trend – the direction of price movement – between the Open and the Close ticks. The wick consists of two vertical lines, one extending from the top and one from the bottom of the body, to the High and Low price points. Each part of the wick is displayed only if its corresponding price point falls outside of the body’s range.
A Candlestick has three components: '''Up''', '''Down''', and '''Wick'''; Up is the body in an uptrend, and Down is the body in a downtrend.
The color of each of the components, the width of the wick, and the body's border is customized in the '''Chart Style''' section.
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== Selecting Candlestick Chart Type ==
Chart type can be selected from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Style''' tab.
# In the '''Chart Type''' list box select '''Candlestick'''.
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== Selecting Candlestick Chart Style ==
Chart style can be set from the '''Format Symbol''' window:
# Open the '''Format Symbol''' 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 of the body border and the wick.
# To show candlestick borders, select '''Show Candlestick Border''' check box;clear the box to hide the border. The style of the border is the same as of the Wick.
# 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.
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[[Category:Chart Style]]
