Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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A Doji Candle has the open exactly equal to or nearly equal to the close. The following formula defines this as the body being less than or equal to 5% of the candle.
20 * ABS(O - C) <= H - L
If you want the open and close to be exactly equal, this would be a True Doji Candle.
Attachments:
Doji Candle.gif - 2 KB, downloaded 1,534 time(s).
-Bruce
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