.Ohlc()

In Plotly, the .Ohlc() function is used to create an OHLC (Open-High-Low-Close) chart, which is commonly used in financial analysis to represent stock price movements over time. Each data point in an OHLC chart consists of four values:

• Open: The price at which the asset opened.
• High: The highest price recorded during the time period.
• Low: The lowest price recorded during the time period.
• Close: The price at which the asset closed.

These charts are useful for traders and analysts to identify trends and price movements.

Syntax

plotly.graph_objects.Ohlc(x=None, open=None, high=None, low=None, close=None, ...)

• x: A list of date/time values for each data point.
• open: A list of opening prices.
• high: A list of highest prices.
• low: A list of lowest prices.
• close: A list of closing prices.

Note: The ellipsis (…) in the syntax indicates that there can be additional optional parameters beyond those listed here.

Example

The following example demonstrates the usage of the .Ohlc() function:

import plotly.graph_objects as go

# Sample data
dates = ["2024-03-10", "2024-03-11", "2024-03-12", "2024-03-13", "2024-03-14"]
opens = [100, 102, 105, 107, 110]
highs = [105, 108, 110, 112, 115]
lows = [98, 100, 103, 105, 108]
closes = [102, 106, 108, 110, 113]

# Create an OHLC chart
fig = go.Figure(data=[go.Ohlc(x=dates,
                              open=opens,
                              high=highs,
                              low=lows,
                              close=closes)])

# Update the chart with labels
fig.update_layout(title="OHLC Chart", xaxis_title="Date", yaxis_title="Price")

# Display the chart
fig.show()

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The above code generates the following output: