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  • Casual Articles - Candlestick Part I: Overview and History

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    f it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from th

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    Ok, now let’s start to learn the basics knowledge of candlestick. There are two types of candlestick according to its opening and closing price position. Those are:

    1. Empty/Clear Candlestick, that describes strength

    The bottom corner is the opening price and the upper corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your empty candlestick should colored black as mine.

    But if your chart’s background is not black colored then your empty candlestick would have the same color as your chart’s background color.

    2. Shaded Candlestick, that describes weakness

    The upper corner is the opening price and the bottom corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from th

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    p>

    Ok, now let’s start to learn the basics knowledge of candlestick. There are two types of candlestick according to its opening and closing price position. Those are:

    1. Empty/Clear Candlestick, that describes strength

    The bottom corner is the opening price and the upper corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your empty candlestick should colored black as mine.

    But if your chart’s background is not black colored then your empty candlestick would have the same color as your chart’s background color.

    2. Shaded Candlestick, that describes weakness

    The upper corner is the opening price and the bottom corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from th

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    pper corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your empty candlestick should colored black as mine.

    But if your chart’s background is not black colored then your empty candlestick would have the same color as your chart’s background color.

    2. Shaded Candlestick, that describes weakness

    The upper corner is the opening price and the bottom corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from th

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    same color as your chart’s background color.

    2. Shaded Candlestick, that describes weakness

    The upper corner is the opening price and the bottom corner is the closing price. Note that some of you might have different color with mine. Check out you chart’s background. If it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from th

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    f it’s black then your shaded candlestick should colored white as mine.

    But if your chart’s background is not black colored then your shaded candlestick would have a different color as your chart’s background color.

    Explanation:

    1. Real Body, is the shape that starts from the opening price and ended at the closing price.

    2. Shadows describe high levels of the period and low levels of the period.

    3. Range (real body+shadows) is the whole candlestick. Starts from the high level and ended at the low level.

    Click here to read more about this article.

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