High, Low, Open, Close

  1. High: The highest price of the current record opening (open) until the end (closing) a certain period. (Example: on the chart period / timeframe 5 minutes, then the highest price that occurred during the 5 minutes it was a high price)
   2. Low: The lowest price from the current record for the opening (open) until the end (closing) a certain period. (Example: on the chart period / timeframe daily, the lowest price that occurred during the day it is a low price)
   3. Open: Price opening period. (Example: on the chart period / timeframe 5 minutes, the price begins with the price of 2.0000. The open price in the range of 5 minutes it is 2.0000)
   4. Close: The closing price given period. (Example: on the chart period / timeframe 5 minutes in the example above ends with the price of 2.0050. So close price in the range of 5 minutes is 2.0050)
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Title : High, Low, Open, Close
URL : https://instant-trading.blogspot.com/2011/01/high-low-open-close.html