§02 CHARTS - Chart Type

Below is a detailed breakdown of the options available within this submenu and their typical use cases in technical analysis.

Submenu Structure

When a user right-clicks on the chart area or selects CHART TYPE, a nested dropdown list appears containing the following nine chart formatting options:

Option	Type	Description / Standard Use Case
CANDLES	Standard	The active selection (indicated by the checkmark ✓). Displays open, high, low, and close (OHLC) prices for a specific period as boxes with wicks.
HEIKIN ASHI	Averaged	A modified candlestick style that averages price data to filter out market noise and highlight trends more clearly.
BARS	Standard	Often called OHLC bars. Displays price levels using vertical lines with horizontal ticks on the left (open) and right (close).
LINE	Simplified	Connects closing prices over time with a continuous line, offering a clean view of long-term price action and structural support/resistance.
AREA	Simplified	Similar to a line chart, but the space underneath the trend line is filled with a color or gradient to emphasize the magnitude of price movements.
BASELINE	Comparative	Plots price changes relative to a selected reference line (baseline), visually separating gains (above the line) from losses (below the line).
RENKO	Non-Time-Based	Built using bricks that represent a fixed price movement. A new brick is formed only when the price moves by a predefined amount, ignoring time.
RANGE	Non-Time-Based	Creates a new bar or candle only when the price movement spans a specific specified distance or range, filtering out tight consolidations.
LINE BREAK	Non-Time-Based	Draws vertical blocks based on the comparison of closing prices. A new block is added only when the current close breaks the high/low of a set number of prior lines.

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