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Doji Candle Rate this Topic:
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Bruce_L
Posted : Tuesday, October 3, 2017 9:38:52 AM


Worden Trainer

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

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

Doji Candle

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 1,547 time(s).



-Bruce
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