TC2000.com• Download software • Tutorial videos • Subscription & data-feed pricing • Class schedule
TC2000Brokerage.com• New account application • Trading resources • Margin rates • Stock & option commissions
Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Opening Marubozu Candle
A Opening Marubozu Candle is a Long Candle which opens at the high or low of the candle. It will have a shadow / wick extending from the closing end of the body.
(L = O OR O = H) AND H - L > ABS(O - C) AND ABS(O - C) > 3 * AVG(ABS(O - C), 15) / 2
Attachments:Opening Marubozu Candle.gif - 3 KB, downloaded 833 time(s).