candle (fts)

Time series candle plot

candle (fts) is not recommended. Use candle instead.

Use fts2timetable to convert a fints object to a timetable object.

Syntax

candle(tsobj)

candle(tsobj,color)

candle(tsobj,color,dateform)

candle(___,Name,Value)

hcdl = candle(___,Name,Value)

Description

candle(tsobj) generates a candle plot of the data in the financial time series object. tsobj must contain at least four data series representing the high, low, open, and closing prices. These series must have the names High, Low, Open, and Close (case-insensitive).

candle(tsobj,color) additionally specifies the color of the candle box.

candle(tsobj,color,dateform) additionally specifies the date character vector format used as the X-axis tick labels. See datestr for a list of date character vector formats.

candle(___,Name,Value) indicates the actual names of the required data series if the data series do not have the default names.

hcdl = candle(___,Name,Value) returns the handle to the patch objects and the line object that make up the candle plot.

Examples

Create a Candle Plot for a Financial Time Series Object

This example shows how to create a candle plot for Disney stock for the dates March 31, 1998 through April 30, 1998.

load disney.mat
candle(dis('3/31/98::4/30/98'))

Warning: FINTS is not recommended. Use TIMETABLE instead. For more information, see <a href="matlab:web(fullfile(docroot, 'finance/convert-from-fints-to-timetables.html'))">Convert Financial Time Series Objects (fints) to Timetables</a>.

Warning: Low prices must be less than or equal to the corresponding opening prices.

title('Disney 3/31/98 to 4/30/98')

Input Arguments

tsobj — Financial time series object

fints object

Financial time series object, specified as a fints object.

Data Types: object

color — Three-element row vector representing RGB or a color identifier

background color of figure window (default) | color vector [R G B] | character vector

(Optional) A three-element row vector representing RGB color vector or a character vector specifying the color name. The default color differs depending on the background color of the figure window. For more information, see plot.

Data Types: double | char

dateform — Date format

'dd-mmm-yyyy HH:MM' (default) | character vector

(Optional) Date format, specified as a date character vector format used as the x-axis tick labels. (See datetick.) You can specify a dateform only when tsobj does not contain time-of-day data. If tsobj contains time-of-day data, dateform is restricted to 'dd-mmm-yyyy HH:MM'.

Data Types: char

Name-Value Arguments

Specify optional pairs of arguments as Name1=Value1,...,NameN=ValueN, where Name is the argument name and Value is the corresponding value. Name-value arguments must appear after other arguments, but the order of the pairs does not matter.

Before R2021a, use commas to separate each name and value, and enclose Name in quotes.

Example: candle(dis('28-May-1998::18-Jun-1998'),'HighName','SeriesHigh')

HighName — High name

'' (default) | character vector

High name, specified as the comma-separated pair consisting of 'HighName' and a character vector with a value for the high prices series name.

Data Types: char

LowName — High name

'' (default) | character vector

Low name, specified as the comma-separated pair consisting of 'LowName' and a character vector with a value for the low prices series name.

Data Types: char

OpenName — Open name

'' (default) | character vector

Open name, specified as the comma-separated pair consisting of 'OpenName' and a character vector with a value for the open prices series name.

Data Types: char

CloseName — High name

'' (default) | character vector

Close name, specified as the comma-separated pair consisting of 'CloseName' and a character vector with a value for the closing prices series name.

Data Types: char

Output Arguments

hcdl — Candle handles

vector

Candle handles, returned as a three-element column vector representing the handles to the two patches and one line that forms the candle plot.

Version History

Introduced before R2006a