How to Create Candlestick Chart with JavaScript for Stock Analysis

This is a technical analysis chart library that runs only at the fastest and highest performance powered by the LightningChart technology. LightningChart JS Trader features advanced technical chart types including CandleStick, Bar charts, Line charts, Mountain, Kagi, Renko, Point & Figure, and Heikin-Ashi price charts. The examples below shows how to create a candlestick chart with the required data formats. DateTime data with irregular intervals can be shown on the DateTime category axis. For example, the business days alone can be represented in a week here.

Ifyou are new to Syncfusion, you can try our 30-day free trial to check outour other controls. Add() can be called with a single XOHLC-object or with an array of them. Please note that using LightningChart JS for Trading use cases requires a special license agreement.For more information, please contact us. By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Customise Candlestick Chart with Shapes and Annotations

So basically the website I created is getting Binance market data via an API call and these data are used to draw a candlestick chart of a Binance market pair including three simple moving averages. When I saw a candlestick chart in the web and found that it had been created in an easy way using the plotly.js Javascript library the idea of my project was born. This JavaScript code uses the chartjs.chart.financial.js script functions to create a candlestick chart. The ChartJS library provides modules for creating candlestick charts.

Once your project/product is ready for launch, purchase a commercial license. If you don’t have much time you can simply watch the live demonstration to see what this project is all about and how it is working. If you have more time I would recommend to go through the code yourself and try to figure it out. Watching the corrensponding video may help to get some deeper understanding. When hovering the plot area, it helps to gauge a precise position on the value scale, helps display tooltips for multiple series at a time.

1. If you are new to the ChartJS library, how to create a bar chart is a simple example for getting started.
2. The ChartJS library provides modules for creating candlestick charts.
3. With just a few lines of code, you can generate line, bar, candlestick, and other common financial charts.
4. The examples below shows how to create a candlestick chart with the required data formats.
5. I could keep looking at more libraries, but what if I discover more ways they don’t fit my needs.
6. The official Highcharts NPM package comes with support for CommonJS and contains Highcharts, and its Stock, Maps and Gantt packages.
7. I need a javascript charting library that will fit my needs as I will elaborate.

StockChart types

The wick of the candlestick shows the day’s highs and lows in comparison to the opening and closing prices. The shape of a candlestick is based on the relationship between the opening, closing, high, and low prices for the day. Trading professionals seeking chart patterns can use candlesticks charts for their analysis. Many traders consider candlestick charts to be easier to read and more visually appealing than conventional bar charts. It is very easy to create interactive charts for apps and websites using specialized JavaScript tools for data visualization like LightningChart JS.

This example shows basic implementation of candlestick candlestick chart javascript chart using OHLCSeries. This type of chart is used as a trading tool to visualize price movements. A candlestick figure can represent multiple recorded values, which are packed into 4 values (open, high, low and close). This makes it useful for dynamically displaying data from longer intervals as well as shorter.

Intuitive Charting Library for Financial Data – DXCharts Lite

LightningChart JS Trader also features 100+ Technical indicators including Envelopes, Moving Averages, Oscillators, Statistics, Trend Indicators, Volatility, and more. Drawing Tools (30+) include Fibonacci, Trend Lines, Patterns, Channels, Measurement, Text, Shapes, and more. 2D, 3D, and real-time charts, GeoMaps, Customizable charts, and World-Leading Performance.

A data point in an OHLC series has four values open, high, low, and close. The candle sticks are plotted based on these four values to visualize price movement. A candlestick chart is a type of price chart used in technical analysis, which shows a security’s high, low, open, and closing prices over a given time frame.

1. Once your project/product is ready for launch, purchase a commercial license.
2. Anyone with a basic understanding of coding can create professional interactive charts.
3. However, I didn’t come across Forex data examples and some of the readers asked me to provide examples showing how to plot our forex API in charts.
4. Add() can be called with a single XOHLC-object or with an array of them.
5. You can see our example below that already has changes included from the Highcharts JSfiddle code to make it work.
6. LightningChart JS Trader features advanced technical chart types including CandleStick, Bar charts, Line charts, Mountain, Kagi, Renko, Point & Figure, and Heikin-Ashi price charts.

This type of JavaScript Candlestick chart is used to observe price fluctuations while trading. This makes it useful to dynamically display data for both longer and shorter intervals. It was initially used by Japanese rice merchants and traders to monitor market prices and the daily momentum of prices for a century. I could keep looking at more libraries, but what if I discover more ways they don’t fit my needs. I am getting to the point where I am thinking about creating my own chart from scratch in HTML5 canvas without a library.

Lightningchart is one of the greatest libraries for easily creating candlestick charts. With Lightningchart JS, you can instantly plot price variations in the form of candlesticks. Understanding the key components of a candle and what it stands for is crucial when analyzing candlestick charts for a trading strategy. When the price of the security starts at a specific price and then rises, the candlestick turns green. A JavaScript chart library that renders candlestick charts with technical indicators to describe price movements/trends of a security, derivative, or currency. We will also be setting Candlesticks as the figure to be used here.