Registered User Joined: 7/22/2005 Posts: 15
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It is possible to scan a list of stocks for marubozus at the end of a day? What criteria would be needed, if it is indeed possible? Thanks.
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Registered User Joined: 1/28/2005 Posts: 6,049
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French Stocks?
Not sure what marubozus is?
Thanks diceman
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Registered User Joined: 7/22/2005 Posts: 15
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A marubozu is a large japanese candle stick that have little or no wick. They can be either clear or filled. in other words, they represent a day when there was a large movement in the stock, but again, no wick, meaning the stock didn't go in a direction and retrace by the end of the day. Can you help me? Thanks GGL
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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ggloydsr, Please try the following:
Body is at least 95% of the entire candle:
ABS(C - O) >= .95 * (H - L) AND H > L
You can adjust the percent as desired by changing the .95. You may wish to review the following:
How to create a Personal Criteria Forumula (PCF) Boolean PCFs for Candlestick Patterns Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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