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Like standard candlesticks, a Heikin-Ashi candle has a body and a wick, however, they do not have the same purpose as on a candlestick chart. [5] The last price of a Heikin-Ashi candle is calculated by the average price of the current bar or timeframe (e.g., a daily timeframe would have each bar represent the price movements of that specific day).
A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and ...
On a technical analysis chart, a gap represents an area where no trading takes place. On the Japanese candlestick chart, a window is interpreted as a gap. Gaps are spaces on a chart that emerge when the price of the financial instrument significantly changes with little or no trading in between.
Candle wick, a part of a candle or oil lamp; Candlewick, a style of glassware made by the Imperial Glass Company; Candlewick (fabric), a thick, soft cotton fabric; Candlewick, an element in financial candlestick charts; Candlewick (ward), a ward in the City of London; Candlewick Press, a Massachusetts publisher
The filled or hollow portion of the candle is known as the body or real body, and can be long, normal, or short depending on its proportion to the lines above or below it. The lines above and below, known as shadows, tails, or wicks, represent the high and low price ranges within a specified time period. However, not all candlesticks have shadows.
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Its more complete combustion of the candle wick and oil than in other lamps required much less frequent trimming of the wick. In France, the lamp is called "Quinquet", after Antoine-Arnoult Quinquet, a pharmacist in Paris, who used the idea originated by Argand and popularized it in France. Quinquet sometimes is credited with the addition of ...
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