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Classic Chart Indicators and Studies Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below. When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name. CandlestickA Candlestick chart displays the body of the "candle" as a filled rectangle. The top of the rectangle is the highest of the open and the close. The bottom of the rectangle is the lowest of the open and the close. An "up day" is when the close is above the open and a "down day" is when the close is below the open. Traditionally "up days" are drawn as an open rectangle and "down days" are filled with black. However tradition in electronic color display is to show an "up day" as a green rectangle and a "down day" as a red rectangle. The "wicks" of the "candle" are lines from the lowest of the open and the close to the low and the highest of the open and the close to the high. This is a very popular way of looking at the market in Japan and the rest of Asia. Sample Candlestick Chart:  Sample Printable Candlestick Chart:   TOP
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