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error in JCharts EOD |
harshal
White Belt
Joined: 15 Jun 2009
Posts: 6
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Post: #1  Posted: Wed Aug 12, 2009 7:59 pm Post subject: error in JCharts EOD |
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Dear Admin,
I use JCharts EOD. Here, though the script closes below the previous day, it shows green many a times. For e.g. Finantech today (i.e. 12th aug) was down 0.98%, but its showing a green bar. this is one of the example. i hav come across such thing many a times. Please rectify this.
Harshal |
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SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
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| Post: #2 Posted: Wed Aug 12, 2009 8:48 pm Post subject: |
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Harshal,
The green candle for today is actually correct. CandleSticks are built like this:
If CLOSE price for the day is greater than OPEN price then it will be a green candle
If CLOSE price for the day is less than OPEN price then it will be a red candle
Since Finantech's close was greater than open today, a gree candle is being shown.
Let me know if you have any more queries.
Regares.
_________________
Srikanth Kurdukar
@SwingTrader |
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