Candlestick in Intraday

As I know, In Candle stick there are 4 points, Open, Close, High, Low, But I have seen candle sticks in Intraday too, How can OCHL come in 1 min, TF, Because there cannot be OCHL in it. Some one pls explain.

OHLC could be in any time frame.

If you are viewing data in a daily time frame the OHLC represent Open, High, Low, Close, of the day.

If you are viewing data in 1 minute time frame the OHLC represents Open, high, low, close of the "minute".

In 1 minute or 1 Last Trade, you can only see What was the bid price and what was the offer price, where did open and close come from, I am really confused, Can you please explain.

Ok lets start trading of an imaginary stock A with price 100 ,shall we?

Your 60 seconds starts now:

1st second: Bid: 99.95 Offer: 100.05
2nd second: Bid: 99.95 Offer: 100.00
3rd second: Bid: 100.00 Offer: 100.00 ..Trade Executed. @ 100 . So this is your Open price of one minute time frame.

lets say at 30th second Someone bought / sold it at 102 so this will be your high price.

At 38th second, someone bought / sold it at 98, so this will be your low price.

And there are no trades till 60th second so this will also be your close of the price.

So in one minute time frame we have the Open @100, Low @98, high @102 and Close @ 98.

I hope its clear now?

Thanks, very much, Its very clear to me know, So a candle stick in formed with a time frame, not within a single trade.

regards

Is there any relevance for a one minute timeframe OHLC?
Most of the times I have seen traders using candlesticks for one day interval

As Vipin said, You can form candelsticks with 1 min, 5 min, or 1hr or even 1 day. In intraday I use in 1 min time frame