javascript Which chart module library should I use for Candlestick graphs in ReactJs?

candlestick chart javascript

Creating candlestick charts with amCharts is really easy and you get a lot of advanced features such as grouping right out of the box (try zooming in and out). Candlestick charts are a fantastic data visualization tool for tracking the price movements of stocks over a period of time. In this tutorial, I’ll show you how to create your own candlestick chart using JavaScript.

  1. The second parameter is a mutator and is optional, only used when styling or modifying elements of the tick strategy.
  2. To create a candlestick chart we add CandlestickSeries to an XYChart.
  3. ApexCharts assumes that your data is in the OHLC format as given in the below example.
  4. 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.
  5. This is used to set the tick strategy for the axis, as well as styling elements of the tick strategy.
  6. If you have more time I would recommend to go through the code yourself and try to figure it out.

This origin date sets the starting point for the time range on the chart. Candlestick charts are available as a built-in feature in the new LightningChart JS Trader. The LightningChart JS Trader is a revolutionary Technical Analysis chart library that can be integrated into JavaScript-based software applications.

  1. 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.
  2. JavaScriptStock Chart is a well-crafted, easy-to-use financial charting package to trackand visualize the stock price of any company over a specific period using charting and range tools.
  3. 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.
  4. On the other hand, the closing price of a security is the top of a green candlestick or the bottom of a red candlestick.
  5. I am also only a beginner in Javascript and although I think that I created a decent project there is still much room for improvements.

HTML target to include ChartJs plugin to show a candlestick chart

You can see our example below that already has changes included from the Highcharts JSfiddle code to make it work. From a technical point of view this would be possible, because order book data are available on the Binance API as well. I will implement your proposal when I will do a future version of the project. Since I already took a few courses, it was time to put my knowledge into practical use by programming something using the skills I aquired from Ivan on Tech academy.

Do professional traders use candlestick charts?

Traders prefer candlestick charts because they consolidate data from multiple time frames into single price bars. This makes it easier to see and interpret market trends and reversals.

API Links

First, you will need to import the Momentjs library in the HTML part of the code. For candlestick chart javascript more sophisticated charts within nodes, see the Canvas Charts sample. I can tell that a lot of work has been put in to this projects. From learning, coding, searching, to making a whole set of videos explaining your progress and actions. For those who are still asking which library to use for candlestick graphs. Connect and share knowledge within a single location that is structured and easy to search.

candlestick chart javascript

With just a few lines of code, you can generate line, bar, candlestick, and other common financial charts. Step 5 overlaps a line chart of close points on the rendered candlestick chart. JavaScript initiates the financial class instance to generate a candlestick chart by pointing to this canvas as a target. In this article, we will see JavaScript code for creating a candlestick chart using ChartJs. The candlestick and OHLC charts are for showing financial data in a graph. Both these charts look mostly similar but differ in showing the ‘open’ and ‘close’ points.

How to analyse a candlestick chart?

  1. If the upper wick on a red candle is short, then it indicates that the stock opened near the high of the day.
  2. On the other hand, if the upper wick on a green candle is short, then it indicates that the stock closed near the high of the day.

Candlestick Chart without Rangeslider

After configuring the auto-cursor behavior and styling it, we get the output shown in the second image. In this tutorial, I will show you how to plot forex data via an API using Javascript. We are using Highcharts, now for those who don’t know, Highcharts is a Javascript and HTML5 based chart library that is paid product for commercial use. In the last part of my project I did a video documentation which might be useful for others taking the first steps in learning Javascript.

Look at the lower wick of the candlestick to get the security’s lowest price for the specified time period. On the other hand, the closing price of a security is the top of a green candlestick or the bottom of a red candlestick. The opening price of a security is the bottom of a green candlestick or the top of a red candlestick. Some possible customization options for the candlestick chart are listed below. More functionalities and features are there in the ChartJS module. Allows you to analyze both price action and volume at a glance using stock chart.

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages. Add() can be called with a single XOHLC object or with an array of such objects. We’ll be using TSMC (Taiwan Semiconductor Manufacturing Company) as an example, as they’re the largest contract chip maker in the world and have been making waves in the stock market recently.

StockChart types

Add title to the chart, to provide quick information about the data plotted in the chart. The below snippet shows the configuration of ticks with date and time origin for the JavaScript Candlestick chart application. This is used to set the tick strategy for the axis, as well as styling elements of the tick strategy. The second parameter is a mutator and is optional, only used when styling or modifying elements of the tick strategy.

Candle charts are better at highlighting the difference between the open and the close value and can very easily show OHLC information. With bar charts, it is a bit more challenging to see these dynamic price changes and anomalies. Get your hands on the most advanced data visualization library at a discounted price. The tick strategy defines the positioning and formatting logic of axis ticks as well as the style of created ticks. Let’s use the DateTime axis tick strategy with the origin set to the current day or defined date.

I tried getting around this by rendering first to an invisible div then copying to a visible canvas, but the y axis was no longer visible for some reason. I tried resetting the size of the visible canvas based on the bounds of the invisible chart, but still there was no y axis for some reason. As a stock price moves in one direction, individual candlesticks form various patterns which traders can use to identify and predict major support and resistance levels. Candlestick patterns are particularly useful because they visually reveal key information that is hidden from the chart. To find the high price of the security for the chosen period, look at the candlestick’s upper wick. I need a javascript charting library that will fit my needs as I will elaborate.

Which software is best for candlestick patterns?

  • TrendSpider: Winner Best Pattern Recognition Software.
  • TradingView: Best Free Candle Pattern Analysis Software.
  • Finviz: Best Free Stock Chart Pattern Scanner.
  • Tickeron: AI Stock Chart Pattern Recognition.
  • MetaStock: Top Candle Pattern Trading Strategy.