Registered User
Joined: 2/21/2009
Posts: 13
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Take MASI for example look at yesterdays candle(thur 2/18). Telechart and freestockcharts has the candle as a green one. How can this be? Look at the open and look at the close. I have three other platforms and they all have the candle mentioned above as a red candle.I've been noticing almost on a daily basis with different ticker symbols.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The candlesticks in TeleChart combine color and body type to provide both Current Close versus Current Open and Current Close versus Previous Close information in the same Candle (if Plot down days in a different color is selected).
Candlesticks:
Current Close > Open = Hollow
Current Close < Open = Solid
Current Close >= Previous Close = Green
Current Close < Previous Close = Red
Price Color and Volume Bar Color treat a Net Change of zero differently. The Candle is green but the Volume Bar is red.
Volume Bars:
Current Close > Previous Close = Green
Current Close <= Previous Close = Red
It is also possible to have a Balance of Power (BOP) Indicator on the Chart with Apply BOP Colors to Price Graph checked. If this is the case, green means BOP is greater than thirty, red means BOP less than negative 30 and yellow means BOP is between thirty and negative thirty.
Price, Volume Bars and Balance of Power all allow you to adjust the specific colors used, but not the criteria used to assign the colors.
In FreeStockCharts.com, you can left-click on Price History and select Edit to have Color Based On One Color, Net Change or Open vs Close.
-Bruce
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