To change the Chart Type on Symbolik, you can click on the ellipses icon in the Heads-Up Display (HUD) and select from the available options: Bar (OHLC), Candlestick, Line, and Mountain.
Bar (OHLC)
An OHLC bar chart shows price movements for a specific time period (e.g., a day, hour, or minute) by displaying four key data points: the Open, High, Low, and Close prices. A vertical line represents the price range for the period (the High price is the top of the line and the Low price is the bottom). A horizontal tick on the left side marks the Open price. A horizontal tick on the right side marks the Close price.
In Symbolik, users have the ability to change the OHLC bar color for Up or Down Closes (if the Close is greater/less than the Open on the same price bar). To customize the colors on the OHLC chart, click on the ellipses icon in the Heads-Up Display (HUD) and select "Edit Settings" from the dropdown. In the subsequent "Chart Settings" window, edit the options in the "Chart Type" section.
Candlestick
Like a OHLC bar, a candlestick bar also represents the Open, High, Low, and Close prices for a specific time period, but it does so in a visually distinct way that emphasizes the relationship between the Open and Close prices. The body of the candlestick is a rectangle, which shows the difference between the Open and Close prices. If the Close is higher than the Open, the candlestick is typically green or white (Bullish Candlestick). If the Close is lower than the Open, the candlestick is typically red or black (Bearish Candlestick).
The difference between the Open and Close prices in a Candlestick Bar is typically referred to as the "Real Body". Wicks or shadows extend above and below the body to show the High and Low prices. The "Upper Shadow" shows the price range between the high and the close or open (depending on which is higher). The "Lower Shadow" shows the price range between the low and the open or close (depending on which is lower).
In Symbolik, users have the ability to change the outline color of a candlestick bar as well as the colors for Up or Down Closes (if the Close is greater/less than the Open on the same price bar). To customize the colors on the Candlestick chart, click on the ellipses icon in the Heads-Up Display (HUD) and select "Edit Settings" from the dropdown. In the subsequent "Chart Settings" window, edit the options in the "Chart Type" section.
Line
A Line chart is a simple chart that connects the closing prices of an asset over time with a line. It typically ignores the Open, High, and Low prices.
Line charts are often used to get a clean, easy-to-read view of the overall trend of an asset without the noise of intraday price movements. They are helpful for spotting long-term trends but lack the detailed information provided by OHLC bars or Candlestick charts.
In Symbolik, you can edit the line's value from Close to another price source such as Open, High, Low, etc. To customize a Line chart, click on the ellipses icon in the Heads-Up Display (HUD) and select "Edit Settings" from the dropdown. In the subsequent "Chart Settings" window, edit the options in the "Chart Type" section.
Mountain
A Mountain line chart is similar to a Line chart but with the area beneath the line filled in, often in a gradient or solid color, to give it a "mountain-like" appearance.
The mountain chart is used for visualizing price trends in a way that's easy to understand. The filled area emphasizes the movement of the price over time and can give a sense of momentum. However, like a line chart, it lacks detail on intraday price action (Open, High, and Low).
Similar to a Line chart in Symbolik, you can edit the line's value from Close to another price source such as Open, High, Low, etc. To customize a Mountain chart, click on the ellipses icon in the Heads-Up Display (HUD) and select "Edit Settings" from the dropdown. In the subsequent "Chart Settings" window, edit the options in the "Chart Type" section.