Chart FX-Financial Charts
Compared to traditional bar charts, many traders consider hi-lo-close and candlestick charts more visually appealing and easier to interpret. Financial charts provide an easy-to-decipher picture of price action. Immediately a trader can see and compare the relationship between the open and close as well as the high and low. The relationship between the open and close is considered vital information and forms the essence of these charts.
With Chart FX, you can create Hi-Lo-Close, Open-Hi-Lo-Close and candlestick charts. Passing data to these charts is essentially the same process as passing data to any chart type in Chart FX. You must, however, make sure the series are passed in a certain order so Chart FX can determine which data series represents the Open, Hi, Lo and Close values.
Combination charts and Axis Panes
In Financial charts it is common practice to use several chart types (For example, a candlestick chart with a volume series displayed as a bar chart). Additionally, many end users prefer these charts to be separated in sections or panes. Chart FX supports such features.
Chart FX Financial Extension
For much more advanced financial functionality, including not only financial charts but also a complete set of Technical Analysis features, Chart FX provides the Financial Extension.
