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    Day Open-Close
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      Day Open-Close

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        Article summary

        The Day Open-Close indicator draws two plots highlighting the Open and Close prices for a specified aggregation period. The plots can reflect the prices whether for the whole chart or for the last aggregation period only.

        Day Open-CloseDay Open-Close

        INPUTS

        Aggregation
        The following aggregation periods are available for showing Open-Close prices:
        • Default. 
        • Day. Sets a one-day aggregation period for the indicator.
        • Week. Sets a one-week aggregation period for the indicator.
        • Month. Sets a one-month aggregation period for the indicator.
        InputDescription
        ShowOnlyLastThe indicator shows prices for the last aggregation period only
        RightexpansionExpansion to the right

        PLOTS

        The plot renders the data you are working with on the chart. You can show/hide a plot by clicking the corresponding item in the settings. Every plot has a set of basic settings that you can change: color, weight, and type.

        PlotDescription
        DailyOpenThe open prices plot
        DailyCloseThe close prices plot
        Color

        Click the color rectangle under the plot's name to open the palette. Use the slider at the bottom to set the opacity of the color.

        Palette

        To create a custom color:

        1. Clickto open the color picker
        2. By using the slider at the bottom, adjust the main color
        3. Then, set a shade for the main color on the palette

        The custom-created colors are added to your palette. To remove a custom color, drag it out of the palette.

        Weight
        Change the value (in px) to adjust the thickness of the plot.
        Type
        The following plot types are available:
        • Linear. The plot is displayed as a line.
        • Column. The plot is displayed as a histogram.
        • Difference. The plot is displayed as a line which represents the difference between High and Low prices of the bar.
        • Points. The plot is displayed as points.
        • Text above candle. The plot is displayed as the price labels above candles on the chart.
        • Text below candle. The plot is displayed as the price labels below candles on the chart.
        • Triangle above candle. The plot is displayed as triangles above candles on the chart.
        • Color candle. The candles on candle-type charts are highlighted with specified colors.

        OVERLAYING

        Check Overlaying to display the indicator on the chart. Otherwise, the indicator is shown in a study pane down below.

        Note: To reset the settings, click Restore to Default next to the SETTINGS: INDICATOR'S TITLE
        What's Next