Registered User Joined: 3/14/2006 Posts: 23
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I am familiar with candles, but what is new to me is that some of the bars are filled in and some are just outlined. Other charts I've seen, they are all solid. What is the difference between the solid vs. hollow candles in TeleChart?
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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If the candle is "hollow" or is filled with the background color it means:
The close is above the open
If the candle is "solid" or is filled with the candle color it means:
The open is above the close
You may find this interesting:
Boolean PCFs for Candlestick Patterns
- Craig Here to Help!
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Worden Trainer
Joined: 10/1/2004 Posts: 4,308
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Perhaps you'll find this explanation helpful:
solid and open candles
- Doug Teaching Online!
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