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peace_lover

Doji Modern Indicator

peace_lover  
Candlestick analysis Chart patterns source_based_analysis
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candlestickanalysis chartpatterns source_based_analysis
Doji Patterns will be found based on 3 conditions -

  1. Check if Open-close difference is a certain percentage of High-low difference
  2. Check Upper & Lower wick sizes are greater than respective min threshold values
  3. Check if the difference of Upper & Lower wick size is higher than the min threshold value

The threshold values are predetermined based on the timeframe selected for the chart
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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