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Tip of the Day:January 19
sasCommunity Tip of the Day
Candlestick charts are used often in technical analysis. This type of chart is very popular and widely used by chartists. SAS does not have an inbuilt function to produce these type of chart. However, with some innovative use of Annotate, the SAS Institute has provided us with the code on the SAS Support site to plot candlestick charts in SAS.
By manipulating the example, we can then adjust it to read real life data from sources such as Yahoo! and Bloomberg to plot an actual candlestick chart. Below is an example of such a chart.
Submitted by Murphy Choy. Contact me at my Discussion Page.
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