Candle Volume Chart


Candle Volume Chart
Candle volume charts combine charts of prices and volumes. The following information is available:
  • The high of the trading period, given by the end of the upper shadow.
  • The low of the trading period, given by the end of the lower shadow.
  • The open price, given by the body edge; either the bottom line in the case of an upwards development, or the top line in the case of a downwards development.
  • The close price, given by the body edge; either the top line in the case of an upward development, or the bottom line in the case of a downward development.
  • The direction of the price movement, given by the body color. Colors are usually red or black for falling and green or white for rising prices. The color settings can be changed.
  • The magnitude of the price movement, given by the length of the body and the shadows. The total length of a candlestick between the wicks is the difference between high and low.
  • The trading volume, given by the width of the candle body.
Candle volume charts are a mixture of candlestick and equi volume charts. The candle interpretation is the same as for Candlestick Charts, but the width of the candle depends on volume, not on time. The difference to Equi Volume Charts is that, as opposed to that chart type, the open and close prices are still available in the candle volume charts.

Limitations

At each end of the quarter, there is an expiration date on which futures of stocks, indices and commodities expire and/or new futures are issued. On these days, there are often extremely high trading volumes for symbols. Candle volume charts may be overly influenced by them, resulting in no sensible values for these dates. To avoid this issue, ignore these dates.

General Chart Properties

When the chart is active, you can edit the chart properties in the toolbox, for example the history length, the axes and legends.

You can also

Content-Dependent Chart Settings

In the properties of the displayed stock (symbol), you can find additional parameters. Besides the Standard Properties, you can find specific parameters for this chart type.

Candle Volume Properties

Border Color - Here you can select a color for the border.

Show Frame - Here you can select whether the candle frame will be displayed or hidden.

Bullish Color - Here you can select a color and opacity for upward candles.

Bearish Color - Here you can select a color and opacity for downward candles.