Knowledge · Terms · OHLCV

OHLCV

Indicator abbreviation
Open, High, Low, Close, Volume
The five numbers that describe a candle: open, high, low, close, volume in the period.

What it means

Every candlestick on a chart is a summary of ticks over a fixed period (1 minute, 5 minutes, 1 hour, ...):

Field Meaning
Open Price of the first trade in the time window
High Highest trade price in the window
Low Lowest trade price in the window
Close Price of the last trade in the window
Volume Sum of the contracts/units traded in the window

All technical indicators work on this raw data — RSI, MACD, ATR, volume profiles, etc.

Candle intervals

Common grids: 1m, 3m, 5m, 15m, 1h, 4h, 1d. Botty uses 5m or 15m depending on the strategy.

Candle close vs. forming candle

  • Candle close — the candle is complete, its values are final.
  • Forming candle — the current, not-yet-closed candle. Its values change until the close.

Botty typically checks on the forming candle (every 30 s) to react quickly — accepting in return that signals can still flip shortly before the close.

Data sources in Botty

  • Live: Hyperliquid API via indicators/fetcher.py
  • Backtest: Binance USDM Futures 1m candles via backtesting/data_store.py (tracking Hyperliquid perpetuals within ~1 USD)