OHLC Bar Chart

An OHLC bar chart draws each period as a vertical line from low to high, with a tick on the left for the open and on the right for the close.

An OHLC bar chart draws each period as one vertical line from the low to the high. A small tick to the left marks the open and a tick to the right marks the close. It shows the same four prices as a candlestick, in a slimmer form that fits many bars on one screen.

Category
Technical Analysis
Reading time
3 min
Also called
OHLC chart, Bar chart, Price bar chart
Updated

Bar charts in plain words

Each bar is a vertical line: its top marks the high, its bottom marks the low, and a small tick to the right marks the close.1

An OHLC bar also shows the open, as a small tick on the left side of the bar.1

Bar charts carry the same four prices as candlesticks — open, high, low and close — just drawn as ticks instead of bodies.2

How to read one bar

  1. Find the top

    The top of the vertical bar is the high.1

  2. Find the bottom

    The bottom is the low.

  3. Left tick

    The open is the short line extending to the left.1

  4. Right tick

    The close is the tick on the right.

  5. Compare ticks

    Close above open is an up bar; below is a down bar.

  6. Check the height

    Taller bars mean a wider range; OHLC bars provide volatility information.3

Worked examples

Example 1 — Up bar

Up bar

A hypothetical daily bar: open 50, high 54, low 49, close 53.

Example 1 — Up bar — calculation
Range5
Close vs open+3

With the open tick left and close tick right, the close above the open shows an up day.1

Example 2 — Down bar

Down bar

Hypothetical: open 60, high 61, low 55, close 56.

Example 2 — Down bar — calculation
Close vs open−4

The close is the short horizontal line, here well below the open.1

Example 3 — Wide vs narrow

Range matters

Two hypothetical bars have ranges of 2 and 8.

Example 3 — Wide vs narrow — calculation
Narrow2
Wide8

The longer bar reveals a more volatile day, something a line chart of closing prices would hide.3

Bar vs candlestick

AspectOHLC barCandlestick
Prices shownOpen, high, low, closeOpen, high, low, close
Open/closeSide ticksBody
SpaceSlimWider
ColourOptionalUsually used

Where traders use it

Advantages and disadvantages

Advantages

  • Shows all four prices.
  • Fits many bars on screen.
  • Less visually loud than candles.

Disadvantages

  • Open and close ticks are small.
  • Harder to read quickly than candles.
  • Colour rules vary by platform.
  • Says nothing about volume by itself.

Going deeper

Read as far as you need. Each level builds on the one before it.

Anatomy

Beginner

Read a bar from top to bottom for the range, then check the right-hand tick for where it closed.1

Density

Intermediate

Bars are thin, so you can fit many of them on one screen without the chart looking cluttered.1

Volatility

Advanced

Because every bar shows the full range, OHLC charts reveal volatility that line charts leave out.3

Common mistakes

  1. Mixing up the ticks

    Left is open, right is close.

  2. Trusting colour alone

    Check the settings.

  3. Ignoring the timeframe

    Each bar is one period.

  4. Reading one bar in isolation

    Look at context.

Check your understanding

Test yourself before moving on. Each answer comes with an explanation.

Q1The left tick on an OHLC bar is…
Q2A tall bar means…

Key points to remember

  1. Each bar is one period.
  2. Top is high, bottom is low.
  3. Left tick is open, right tick is close.
  4. Bar height shows range.
  5. Same data as a candlestick.

Frequently asked questions

Why do some bars lack a left tick?

Some charts show only high, low and close.

Are bars better than candles?

Neither; it is preference.

What do bar colours mean?

It depends on the platform's settings.

Further learning

Sources

This article is written in our own words. The sources below support the specific facts, rules and figures marked with a number in the text. Links open the original publisher’s page.

  1. StockCharts ChartSchool. What Are Charts? (opens in a new tab) Checked .
  2. CMC Markets. Trading Charts: Learn to Read Price Charts (opens in a new tab) Checked .
  3. StockCharts ChartSchool. TA 101 – Part 4 (opens in a new tab) Checked .

Educational content, not financial advice. Examples use hypothetical prices and simplified costs; actual fees, margin rules and regulations vary by broker, market and country. We are not affiliated with any publisher linked above. Last reviewed . Report an error or request a source credit.