Candle Trend Chart
Visually, Candle Trend chart is a complete copy of the Candle chart. However, their coloring algorithms are different: Candle Trend chart considers Open and Close price values on the current aggregation period and on two adjacent aggregation periods when applying colors.
A candle is outlined in Border Up color if the current Close price is higher than that on the previous time period. On the contrary, if the current Close price is lower than that on the previous period, the candle is outlined in Border Down color. If Close prices on the current and the previous time periods are equal or if the candle is the first on the chart, the candle is then outlined in Neutral Tick color.
If the candle outlined in Border Up color has the Close price lower than the Open price, it is filled with Fill Up color. Otherwise, it is left unfilled.
If the candle outlined in Border Down color has the Close price lower than the Open price, it is filled with Fill Down color. Otherwise, it is left unfilled.
If the candle outlined in Neutral Tick color has the Close price lower than the Open price, it is filled with Neutral Tick color. Otherwise, it is left unfilled.
Note that in Candle Trend chart, you cannot disable filling of the candles, as it is a part of the coloring algorithm.
You can customize fill and color settings of the Candle Trend chart. To learn how to customize colors, see the Appearance Settings article.
Note that as Candle Trend chart zoom level becomes smaller, it becomes harder to distinguish candle border and fill colors. For this reason, on small chart zoom levels, fill colors are used for filled candles and border colors are used for unfilled ones.
The following table exemplifies default colors for the Candle Trend chart type depending on Look and Feel.
|Index||Black||White and Metal|