Bar Chart
Traditional OHLC bar chart showing price range for each period.
Structure
Each vertical bar shows:
- Top tick: Highest price
- Bottom tick: Lowest price
- Left horizontal tick: Opening price
- Right horizontal tick: Closing price
Reading Bars
- Left tick < Right tick: Bullish (price rose)
- Left tick > Right tick: Bearish (price fell)
- Long bar: High volatility or strong movement
- Short bar: Low volatility or consolidation
When To Use
- Early financial charting (pre-computer)
- Showing precise OHLC data
- Reducing color dependence
- Historical analysis
Comparison with Candlestick
| Feature | Bar | Candlestick |
|---|---|---|
| OHLC visible | ✅ Exact | ✅ Via body/wicks |
| Visual clarity | Lower | Higher |
| Trend direction | Indirect (tick position) | Direct (color) |
| Pattern detection | Harder | Easier |