Changing the movement colour of chart plots types and what they mean

Changing the movement colour of chart plot types and what they mean

BullCharts can display a colour scheme or colour method  for the price plot to provide additional information on the movement of the stock.

Single colour

Single colour is the default colour system with no indication of price movement.

Price change since prev

Price change since prev provides additional information in a chart by adding a colour based on the movement from the previous close.

Up indicates that the stock has risen in price since the previous close.
Down
indicates that the stock has dropped in price since the previous close.
Same
indicates that the current stock price is unchanged from the previous close

Higher, lower, inside, outside

Higher (see bar 3) means the High is higher than the previous high.
Lower (see bar 4) means the Low is lower than the previous low.
Inside (see bar 5) means:
High is lower than or equal the previous High and
Low is greater or equal than the previous Low.

Outside (see bar 2) means:
High is greater than the previous High
Low is less than or equal to the previous Low
OR
High is greater than or equal to the previous High and
Low is less than to the previous Low

Higher, lower trend

Higher means:
High is greater than the previous High and
Low is greater the previous Low

Lower means:
High is less than the previous High and
Low is less than the previous Low

Alternate colours

This option provides a colour variation based on the time period.  If the period is daily then the colour will highlight the weekly period and so on for monthly etc.

Colour is the default colour for a time period.
Alternate
is the colour to identify the next time period.

How to save the colours for chart plots  as your default template

If you wish to change the colours, for example of your Candlesticks, as the default you can do this in your default template.

  1. Make the changes to the chart plot as per above.
  2. Then from the Format menu select Set as Default Temple

Now for any future charts you open it will use those default colours for your chart type.

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