Candlestick and OHLC Charts
Candlestick and OHLC (Open-High-Low-Close) charts are financial chart types that show price movements for an asset over a specific period. Use these charts to visualize the open, high, low, and close values, making it easier to analyze trends, volatility, and market behavior.
Example use cases
example
- Stock performance: Visualize daily opening, closing, high, and low prices for securities, stocks, or commodities.
- Currency analysis: Track fluctuations in exchange rates over time for comparison and forecasting.
Candlestick and OHLC type
| Chart | Description | |
|---|---|---|
| Candlestick | Shows open, high, low, and close prices with color-coded bars that highlight trends and market sentiment. | |
| OHLC | Uses tick marks to plot open, high, low, and close prices for each period, offering a clean view of price direction. |
Create a candlestick or OHLC chart
- Select Data Models and Views from the navigation panel.
- Right-click the data model you want to use and select New View from the context menu.
- In the Select a View dialog, select Candlestick or OHLC from the Financial category.
- Enter a Name for the view. To assign names in other languages, select the translation icon next to the text box.
- Select the fields you want to include for each section.
- (Optional) Toggle Sample Mode to preview the data using a sample dataset.
- Click Confirm. The new view opens with your initial settings.
- Customize the view by using the view organizer, content area, and Toolbar.
- In the Toolbar panel, select Save or Save As to save your changes.
Candlestick and OHLC settings
| Setting | Description |
|---|---|
| Name | Enter a descriptive name for the worksheet. Select the translation icon to add labels for different languages—ideal for multilingual environments. |
| Sample Mode | Enable to open the worksheet in sample mode. |
| Define the Levels to be Used in Drill Down | Select which fields support drill-down functionality in the chart. |
| Opening values come from | Select the field that provides the first recorded value for each time interval. |
| High values come from | Select the field that contains the maximum value reached during each interval. |
| Low values come from | Select the field that contains the minimum value recorded during the interval. |
| Closing values come from | Select the field that provides the final recorded value for each time interval. |