Is there a reason to use HLC bars instead of OHLC bars?

[IronFist]

I cannot think of a reason why you would want less data than more data.

Anyone use HLC bars in favor or OHLC bars?

 

[murray t turtle]

Quote from IronFist:

I cannot think of a reason why you would want less data than more data.

Anyone use HLC bars in favor or OHLC bars?

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Only reason i can think of are ;
HLC are inferior to OHLC Wisdom is profitable to direct

 

[nazzdack]

For intra-day data, you can assume that the opening price on a bar is one tick away from the closing price of the previous bar. The opening price has more significance with daily, weekly and monthly data.