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Tick marks project from each side of the line indicating the opening price (e.g., for a daily bar chart this would be the starting price for that day) on the left, and the closing price for that time period on the right. The bars may be shown in different hues depending on whether prices rose or fell in that period.
Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand. There are several interpretations and executions of BAR in the hotel industry.
The open of a Heikin-Ashi starts at the midpoint of the previous candle; it is calculated by: (the open of previous bar + the close of the previous bar) 2. [7] The highest and lowest price points are represented by wicks similarly to candlesticks. [1] To calculate the highest and lowest price of a period:
The area between the open and the close is called the real body, price excursions above and below the real body are shadows (also called wicks). Wicks illustrate the highest and lowest traded prices of an asset during the time interval represented. The body illustrates the opening and closing trades.
If a candy bar originally cost $1.99, then there is apparently little difference in making the new price $2.05 or even $2.25. The logic behind the move is that while some potential buyers will be lost by the increase in price beyond the threshold, those that stay will not notice the difference in prices between thresholds.
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The distinction between real prices and ideal prices is a distinction between actual prices paid for products, services, assets and labour (the net amount of money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. [1]