Quote from: Paul Revere on February 13, 2015, 10:09:55 PM

Quote from: dEBRUYNE on February 13, 2015, 09:54:20 PM

Quote from: Paul Revere on February 13, 2015, 05:37:37 PM

Quote from: not.you on February 13, 2015, 05:27:46 PM

Bitcoinwisdom needs to fix that stupid manipulation that changes the color of the candle.

Definitely. Doesn't always work, but you see a bot buy right after most huge dumps and many times it will make it look like a buy.

How can they fix something that is not broken? The bot instantly buys the nearest ask after the dumps, which most likely is the price before the dump (because of the very illiquid market) and thus sets the price to that. If there is no other buy or sell after that the same minute, the 1m candle closes at the price the bot bought, which is most likely green instead of red. This is a bit of manipulation (someone that tries to make the chart a lot more bullish than it actually is), but this is not something bitcoinwisdom can do anything about.

Seriously? That makes exactly ZERO sense. They could average the Buys & Sells for a particular period and then decide to color the corresponding candle red or green based on whether there were a majority of Buys or Sells.

That's not how candlesticks work, you should read this -> http://www.babypips.com/school/elementary/japanese-candle-sticks/what-is-a-japanese-candlestick.html . Bitcoinwisdom is using the same technique, only white is green and black is red.

EDIT: To fix the problem, I suggest you use candlestickHLC (settings on bitcoinwisdom). Info here: http://www.reddit.com/r/BitcoinMarkets/comments/29yl20/bitcoinwisdom_candle_chart_wrong/
When using this, it will ignore the opening price and only use High-Low-Close prices. You should read the reddit thread, there is more detailed explanation there.