[R-SIG-Finance] Displaying candle data for thinly traded stocks

BBands bbands at gmail.com
Thu Sep 29 22:12:18 CEST 2011


Please forgive me for stating the obvious, but... A candle is not
defined for a period in which no trades occur.

     jab

On Wed, Sep 28, 2011 at 12:15 PM, Stefan Petry <spetry at quantbench.com> wrote:
> I would appreciate some advice on how to best display candle data for
> sporadically traded stocks.
> Is there any standard or best practice on how to represent a candle during
> which there were zero trades?
>
> The options I can think of are either (i) to draw a candle where OHLC are
> all the same as the closing price of the previous candle or (ii) to not draw
> a candle at all.
> If (i) turns out to be the right answer, which price would you use for the
> periods prior to the first trade?
>
> Thanks a lot!
> Stefan



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