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January 13, 2021

How to Create a Candlestick Chart

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 What is a Candlestick Chart?

A candlestick chart is a style of financial chart used to describe price movements of a security, derivative, or currency. Each "candlestick" typically shows one day, thus a one-month chart may show the 20 trading days as 20 candlesticks. Candlestick charts can also be built using intervals shorter or longer than one day.

It is similar to a bar chart in that each candlestick represents all four important pieces of information for that day: open and close in the thick body; high and low in the “candle wick”. Being densely packed with information, it tends to represent trading patterns over short periods of time, often a few days or a few trading sessions.  

~ Source: Wikipedia

In this tutorial, I show you how to build a candlestick chart in Tableau. They are built as Gantt charts with a couple of simple calculations. Follow along by downloading the data set here

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