Distinguishing whether a small-bodied candlestick is a doji or not depends very much on the area of price action where it is positioned. This is why the 2-way distinction of candles to trending and non-trending (doji) is there to help you in assessing who has control over the market or...
Traders usually have the choice of which type of chart they would like to select. The bar chart or line chart is especially popular for beginners, as the chart types are easy to read and understand. Candlestick charts, however,offer much more information for analysis, which is why professional...
The time period ortickinterval used does not matter. The filled or hollow bar created by the candlestick pattern is called the body. The lines that extend out of the body are called shadows. A stock that closes higher than its opening will have a hollow candlestick. If the stock closes low...
Currently, when you use a WebGL series to display a pure doji candlestick (where the close and open price are equal), it sets the candlestick body height to 0, omitting it entirely. This looks weird because it displays the candlesticks as wicks only. This bug doesn't duplicate for canvas...
traders would take a long position when the price breaks above the candlestick and use a candle close below as a stop. traders would take a short position when the price falls below the base of the doji and use a close above as a stop. larger patterns doji candlesticks make up larger ...
Evening Doji Star is a bearish candlestick pattern made up of 3 candles. How to Identify: The 1st bar is long and bullish and continues the uptrend; The 2nd bar is Doji that gaps up from the 1st bar; The 3rd bar is bearish and close below the 1st bar's midpoint. ...
MinCandleLenghtPercent- the minimum length of the Doji candlestick in percentage to several previous ones (0, off, 1-200%); EnableAlert- enable or disable an alert when a Doji signal appears at the close of the last candle. There is also an Expert Advisor based on this indicator: ...
One of the more important individual candlestick lines is the doji. A doji session has a horizontal line instead of a real body. This is because a doji is formed when the session's open and close are the same (or almost the same). If the market is trading laterallv, a doji is neutr...
A CandleStick in a bar with the same Open and Close price has no body. The outline top/bottom is supposed to show the opening and closing price but it is Transparent. This causes Candles with wicks to show only the wick and Candles without wicks to ha...