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Hi Frank,
The candlesticks are open when the close is higher than the open and
solid when the close is lower than the open.
With respect to 2/9/06 on the chart XMSR the color is green because the
close is higher than the close of one bar ago.
If you look on the same chart on 1/10/05 you will notice that there is a
red open bar. This is because the close is lower than the close of one
bar ago.
So in the case of 2/9/06 The bar is solid because the close is down from
the open and green because the close is up from the close of the
previous bar.
This is explained in the help section under candlesticks, color/style
page.
I hope this clears it up for you.
Sonny
srocco@xxxxxxxxxxx
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of really_4real
Sent: Sunday, February 19, 2006 9:18 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] CandleStick colors incorrect for Down
day
I cannot understand why MetaStock colors in some candles and leaves
some empty(only the outline of the candle is coloured red or green).
I notice that some coloured in green candles are really down
days(Close < Open) yet are coloured in green instead of red to reflect
close < open.
An example is with ticker symbol XMSR on 09/02/06 - the candle is
coloured in green yet is a down day. I understand that MetaStock may
be colouring in the candle green since the close is higher then the
previous day yet this is not consistent logic with coloured in red
candles. Nor is it consistent with any of my candlestick studies.
I'm using MetaStock version 8.0. Can someone please shed some light
on this. Am I missing something here?
Thanks in advance
Frank
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