Chart types

Charts are constructed for the interval of time you define. The following prices are considered for each time interval displayed in a chart:

  • Open price: the price of the first trade in the given time interval

  • Close price: the price of the last trade in the given time interval

  • High price: the security’s maximum trade price in the given time interval

  • Low price: the security’s minimum trade price in the given time interval
IQ Edge allows you to view various chart types:

Chart type  Description   Example
Candle style


A 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. For information on customizing charts, see Customizing a chart's settings.  

To learn more about candlesticks, read our blog called Technical analysis 101: candlesticks.

Candle style chart
 
Open high low close (OHLC) bars style   An 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. For information on customizing charts, see Customizing a chart's settings

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OHLC bar chart
 
Open high low (OHL) bars style  An 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. For information on customizing charts, see Customizing a chart's settings

 
OHL bar chart
 
High low close (HLC) bars style  An HLC bar chart consists of centrelines connecting high and low prices. Bar width corresponds to the time interval. 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. For information on customizing charts, see Adjust chart settings.
High low close bars style chart
 
High low (HL) bars style An 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. For information on customizing charts, see Adjust chart settings.
HL bar chart
 
Line style  A 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. For information on customizing charts, see Adjust chart settings.
Line style chart
 
Area style Area style (also known as mountain style) connects all close prices with a line and colors the area underneath. The area included is highlighted with a different colour. For information on customizing charts, see Adjust chart settings.

Area style chart
              

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