Displaying candle data for thinly traded stocks
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