Mastering Python for Finance - Second Edition

Plotting a candlestick chart

A candlestick chart is another type of popular financial chart that shows more information than just a single price. A candlestick represents a tick at each particular point of time with four important pieces of information: the open, the high, the low, and the close.

The matplotlib.finance module has been deprecated. Instead, we can use another package, mpl_finance, that consists of extracted code. To install this package, in your terminal window, type the following command:

$ pip install mpl-finance

To visualize the candles more closely, we will use a subset of the ABN dataset. In the following example, we query from Quandl the daily prices for the month of July 2018 as our dataset, ...