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What are HLC area charts

High-low-close area charts are filled within the ranges of the three most crucial price points. You can use this chart type to highlight the asset's volatility.

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What is a HLC area chart

HLC area charts can be seen as a combination of line and area charts. Similar to the first, they use lines to display price movements. Area charts shade in the space underneath the price line to show how significantly the price has changed, but HLC area charts shade in the distance between high, low, and close prices — the three lines you can see on the chart.

The best way to understand them is by comparing HLC area charts with standard lines and area charts. Let's move on and see how they differ and what can help you with.

HLC area charts vs area charts vs line charts

Area charts are a variation of standard line charts only that the space underneath the price line until the X (horizontal) axis is shaded in to help you better read changes.

HLC area charts

  • Are best at displaying price volatility
  • Display the three most crucial prices for technical analysis
  • Suited for both long-term trend identification and short-term trading

Area charts

  • Emphasizes values change magnitude
  • May be more suited for quantities and cumulative data

Line charts

  • Focus more on trend, than value changes
  • More suited for comparing multiple assets or values

Enabling the chart type

Once you are on the Supercharts, open the chart type dropdown menu on the upper toolbar, and select "HLC area."

HLC area charts settings

To make the most of the line charts, you can customize it according to your preferences and needs.

To do that, find the gear-like "Settings" button on the upper toolbar, and select the "Symbol" tab.

This chart's settings allow you to change the colors of the lines, their thickness, and opacity. Also, choose the fill of the areas between the lines and their opacity as well.

HLC area charts in a nutshell

HLC area charts can help you identify how volatile the asset is. It may also be helpful to spot price potential reversals, when the distance between the lines narrows.

To see the markets from different angles, check out other chart types, as knowing each of them can help you conduct different types of analysis.

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