C MornDoji EveDoji
From MultiCharts
The C_MornDoji_EveDoji indicator identifies the occurrence of two candlestick patterns: Morning Doji Star and Evening Doji Star, and marks the bars with these patterns. For more info about Doji pattern check here.
Description
A doji is a name for a session in which the candlestick for a security has an open and close that are virtually equal and are often components in patterns.
The Morning Doji Star pattern is composed of three candles:
- A long red candle. Its body needs to be larger than the average body.
- Doji candle that gaps lower and forms the star.
- A green candle that closes will into the real body of the first candle.
The Evening Doji Star is also composed of three candles:
- A long green candle. Its body needs to be larger than the average body).
- Doji candle that gaps lower and forms the star.
- A red candle that closes will into the real body of the first candle.
Default Inputs
Length( 14 ) sets the number of bars used to calculate the average body.
Percent( 5 ) sets the Doji boundaries for the (open - close) as a percent of the bar range.
