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Black Closing Marubozu Candle Rate this Topic:
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Bruce_L
Posted : Thursday, September 28, 2017 4:28:07 PM


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Joined: 10/7/2004
Posts: 65,138

A Black Closing Marubozu Candle is a Closing Marubozu Candle which Closes at the low of the candle and will also be a Long Black Candle as a result. It has an upper shadow / wick.

H > O AND C = L AND O - C > 3 * AVG(ABS(O - C), 15) / 2

Black Closing Marubozu Candle

Attachments:
Black Closing Marubozu Candle.gif - 3 KB, downloaded 1,299 time(s).



-Bruce
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raider45
Posted : Thursday, August 23, 2018 11:21:28 AM
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Joined: 9/30/2011
Posts: 788

I expressed myself badly, I meant Marubozu Long White with closing on the minimum !

Bruce_L
Posted : Thursday, August 23, 2018 11:30:53 AM


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Joined: 10/7/2004
Posts: 65,138

If the close of a Marubozu Candle is at the low, then the candle will be a Black Candle, not a White Candle.

A White Marubozu Candle has its close actually at the high and its open actually at the low.

A White Closing Marubozu Candle has the close actually at the high with the open just being near the low.

A White Opening Marubozu Candle has its close just being near the high and its open actually at the low.



-Bruce
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raider45
Posted : Thursday, August 23, 2018 1:30:31 PM
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Joined: 9/30/2011
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Thank you !
 
Best regards !
 
raider45
Posted : Tuesday, September 4, 2018 8:40:48 AM
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Joined: 9/30/2011
Posts: 788
I would like to correct the following Marubozu opening formula with Syntax Error near = message
 
(L = O O O = H) E H - L> ABS (O - C) E ABS (O - C)> 3 * AVG (ABS (O - C), 15) / 2
 
Thank you and goodbye.
 
Raider45
raider45
Posted : Tuesday, September 4, 2018 8:56:45 AM
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Joined: 9/30/2011
Posts: 788
Problem solved !
 
Best regards !
 
Bruce_L
Posted : Tuesday, September 4, 2018 9:36:20 AM


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Joined: 10/7/2004
Posts: 65,138

I am happy to read you were able to figure it out on your own.



-Bruce
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