HLC Area Chart
Area-based visualization of High, Low, and Close range.
Structure
- Filled area showing high-low range
- Close line within the area
- No open price shown
Visual Pattern
- Wide area: High volatility
- Narrow area: Low volatility, consolidation
- Close near high: Bullish pressure
- Close near low: Bearish pressure
When To Use
- Volatility visualization
- Range-bound market analysis
- Quick momentum assessment
- Screening large datasets
Interpretation
- Expanding area: Increasing volatility
- Contracting area: Decreasing volatility, potential breakout
- Close near extremes: Strong directional bias
- Close middle: Indecision
API
chart.setChartType('hlcArea');
Comparison
| Chart | Volatility Visibility | Directional Clarity |
|---|---|---|
| Candlestick | Moderate | High |
| HLC Area | High | Moderate |
| Bar | Moderate | High |