Skip to content
All library documents

Calculating Candlestick Body, High-Low, and Wick Ranges

Article MQL5 code base

Summary

This brief reference defines basic candlestick ranges. For a bullish candle, the body is the close minus the open; for a bearish candle, it is the open minus the close. The full high-low range is the high minus the low. The upper and lower wick ranges are identified as separate values, though the document does not specify their formulas.

The text describes an interactive chart action that reveals these values when a candle is selected. It provides no trading setup, interpretation guidance, market context, or evidence that these measurements predict returns. It is therefore a basic chart-reading aid rather than a strategy or analytical study.

Key ideas

  • A bullish candle body is calculated as close minus open.
  • A bearish candle body is calculated as open minus close.
  • The full candle range is the high minus the low.
  • Upper and lower wick values are mentioned but not defined.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.