What it shows
Candlesticks show each period as a rectangular body drawn between the open and the close, with thin wicks (shadows) extending to the high above and the low below. A bullish candle (close above open) and a bearish candle (close below open) are given different colors, making direction, momentum and indecision instantly visible. Body size shows conviction while wick length shows rejection of prices.
How it's built
Each candle is built from the OHLC of a fixed time interval, so candles are evenly spaced along the time axis. The body's top and bottom sit at the higher and lower of open/close, and the upper and lower wicks extend from the body to the period's high and low.
Switch to it
Open the chart-type menu in the header (next to the interval buttons) and pick Candles — or pin it as a favourite for one-click switching.
When to use it
- General-purpose price analysis across any timeframe, from scalping to weekly charts
- Reading candlestick patterns such as doji, engulfing, hammer and shooting star at swing points
- Judging momentum by body size and rejection by wick length near support and resistance
- Default choice when combining price action with indicators and drawings
Settings reference
Open Chart Settings (gear, or double-click the chart background) with this type active. Every setting, its possible values and what it changes:
| Setting | Control | Possible values | Default | Effect |
|---|---|---|---|---|
| Color bars based on previous close | checkbox | on/off | off | Colors each candle by comparing its close to the previous bar's close instead of its own open. Useful for spotting bars that gained versus the prior session even when they closed below their open. |
| Body | checkbox + two-colors | on/off; any color (up / down) | on; up #089981, down #F23645 | Fills the candle body between open and close with the up/down color. Unchecked, bodies are not drawn and only wicks and borders remain. |
| Borders | checkbox + two-colors | on/off; any color (up / down) | on; up #089981, down #F23645 | Draws an outline around each candle body in the chosen up/down colors. Unchecked, bodies have no outline. |
| Wick | checkbox + two-colors | on/off; any color (up / down) | on; up #089981, down #F23645 | Draws the thin high/low wick lines above and below the body in the chosen up/down colors. Unchecked, wicks are hidden and only bodies show. |
| Precision | select | Default, 0 (1), 1 (1.1), 2 (1.01), 3 (1.001), 4 (1.0001), 5 (1.00001), 6 (1.000001), 7 (1.0000001), 8 (1.00000001) | Default | Number of decimal places shown on the price scale and price readouts. Default derives the precision from the symbol's own price scale. |
Watch out for
- On very low-liquidity symbols or tiny timeframes, single prints can create misleading long wicks and patterns