candlestick chart

(redirected from Japanese Candlestick)

Candlestick chart

A popular method of charting price fluctuations that displays an asset's opening, closing, high, and low prices for the period.  Points on a candlestick chart are represented as a box, called the real body, with a vertical line on both the top and bottom.  White-bodied boxes represent upward movement in the price of the asset: the bottom of the body is the opening price and the top of the body is the closing price.  Black-bodied boxes represent downward movement in the price of the asset: the bottom of the body is the closing price and the top of the body is the opening price.  In both cases, the top vertical line shows the high price for the period, and the bottom vertical line shows the low price for the period. See: Real body.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Candlestick Chart

A chart of a stock's performance over a given period of time where each trading day is represented by a drawing of what looks like a candle. The candle has wicks (called shadows) coming out of each end representing the high and low prices for each trading day. The candles are colored white a days where the price increases and black on days it decreases. For white candles, the bottom of the candle represents the opening price and the top is the closing price. It is the opposite for black candles. Candlestick charts are very important in technical analysis.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

candlestick chart

click for a larger image
candlestick
A variation of a bar chart in which the open and close prices are represented as the top and bottom of a rectangle surrounding a vertical line connecting the high and low prices. The appearance is of a barrel around a fence post. The body of the rectangle is filled if the closing price is lower than the opening price and blank if the closing price is higher than the opening price. Compare bar chart, line chart.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Nison, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment, Technique of the Far East, Institute of Finance, New York, NY, USA, 1991.
Memariani, "A modern neural network model to do stock market timing on the basis of the ancient investment technique of Japanese Candlestick," Expert Systems with Applications, vol.
Tichy, "Wrapper ANFIS-ICA method to do stock market timing and feature selection on the basis of Japanese Candlestick," Expert Systems with Applications, vol.
Orlowski, "Prediction of trend reversals in stock market by classification of Japanese candlesticks," in Proceedings of the 9th International Conference on Computer Recognition Systems (CORES '15), vol.
Professionals are actually paid for the fun of trading using visual cues like moving average oscillators, Fibonacci numbers, and Japanese candlestick patterns.
Their hard work and determination has paid off after over 6 months of trends, support and resistance, Japanese candlesticks and multi-time frame analysis.
For the more experienced traders, there are also explanatory sessions that delve into "Trading the Alligator", Japanese Candlesticks and Risk Management.
Analysis of Japanese candlesticks supports a conclusion that the downtrend was completed and followed by an ascending impulse.
Key features of Deltastock MetaTrader 4 Mobile include: trdaing 80 currency pairs, Gold and Silver; real-time quotes of financial instruments; full set of trade orders; trade directly from the chart; support of all types of execution modes; complete trading history; real-time interactive charts with zoom and scroll; 30 technical indicators; 7 timeframes: M1, M5, M15, M30, H1, H4 and D1; 3 chart types: Bars, Japanese Candlesticks, and Line.

Full browser ?