FTB-C000282 / Formula component

Real Body

Real Body is the portion of a candlestick spanning its open and close prices.

Also known ascandle body

Foundation Formula defined 2 linked topicsPublished

Definitions

In plain terms

Its length shows the absolute open-to-close move while its direction records which price is higher.

Technical

Compute the endpoints as min(O,C) and max(O,C), retaining the original open and close for direction.

Scope

The body excludes the upper and lower shadows.

Formula

Body length = abs(C - O)
LaTeX: B=|C-O|
SymbolMeaningUnit
Obar open priceprice
Cbar close priceprice

Output unit: price

Examples

  • A governed lesson uses Real Body only with declared inputs, timing, parameters, and edge-case behavior.

Common misconceptions

  • The body excludes the upper and lower shadows.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D06-F01-A01 Important
  • D06-F01-A02 Prerequisite

Evidence and governance

  1. Chart Types: Candlestick, Line, and Bar CME Group · official exchange

    Supports: preferred label, short definition, technical definition, formula

    Limits: Display colors and pattern interpretations are conventions rather than universal predictive rules.

  2. Candlestick Chart Nasdaq · official exchange

    Supports: variant distinction

    Limits: The short glossary entry does not define bar aggregation, data corrections, thresholds, or pattern-detection rules.

Reviewed by
fintech-builder-batch-006
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.