Candlestick Chart

DTNIQ Chart Help

Candlestick Chart Help

You can use DTN.IQ to draw Candlestick Charts. Candlestick Charts are similar to Bar Charts. The difference is that instead of a Bar Chart’s high-to-low vertical lines and horizontal ticks that identify the day’s open and close, Candlestick Charts use two-dimensional bodies to identify the open-to-close trading range and use upper and lower stems to mark the day’s high and low.

You can select the Candlestick Chart colors to indicate when the closing price is lower than the opening price and the closing price is higher than the opening price.

You can modify Candlestick Charts by deleting and restoring tick marks or minute bars. You can also change your selections such as the symbol or increment and redraw the Chart.

You can display Candlestick Charts for different settings by opening multiple DTN.IQ Chart windows and drawing a different Chart in each window.

To draw a Candlestick Chart:

  1. From the DTN.IQ Smart Bar, click on the Chart icon. 
  2. Click on the toolbar Settings icon. 

The Settings dialog box appears.

  1. Select the General tab.
  2. From the Chart Type drop-down menu, select Candlestick.
  3. From the Chart Increment drop-down menu, select minute, daily, weekly, or monthly.
  4. If you select minute, from the Minutes drop-down menu select the minute interval.
  5. Click on OK to close the Settings dialog box.
  6. From the toolbar Symbol drop-down menu , select a symbol.
  1. Click on the toolbar Draw Chart icon. 

The system draws the Candlestick Chart.

Tip: If you click on a data point tick mark, detailed information such as the following appears:

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To select Candlestick Chart colors:

  1. From the DTN.IQ Smart Bar, click on the Chart icon. 
  2. Click on the toolbar Settings icon. 

The Settings dialog box appears.

  1. Select the Color tab.
  2. Click on a Candlestick color box:
  • Candle Up, which indicates when the closing price is higher than the opening price.

or

  • Candle Down, which indicates when the closing price is lower than the opening price

The Color dialog box appears.

  1. Click on a color.
  2. Click on OK to close the Color dialog box.
  3. Repeat steps 4 to 6 to change the other colors.
  4. Click on OK to save your selections and close the Settings dialog box.