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Doji Followed by Bullish or Bearish Candle

This indicator identifies instances where a doji candlestick pattern is followed by either a bullish or bearish candle, indicating potential reversal or continuation signals in the market.
Features:
Doji Detection: Utilizes the concept of doji candlesticks, where the difference between the open and close prices is minimal compared to the candle's overall range.
Candlestick Identification: Determines whether the following candle is bullish (close > open) or bearish (close < open).
Customizable Threshold: Allows users to adjust the sensitivity of the doji detection by modifying the doji body factor parameter.
Alerts: Generates alerts when a doji candle is followed by a bullish or bearish candle, signaling potential trading opportunities.
How to Use:
When a blue triangle appears below a candle, it indicates that a doji candle was followed by a bullish or bearish candle.
Traders can interpret these signals as potential entry or exit points in their trading strategies.
Note: This indicator should be used in conjunction with other technical analysis tools and indicators for comprehensive market analysis.
Features:
Doji Detection: Utilizes the concept of doji candlesticks, where the difference between the open and close prices is minimal compared to the candle's overall range.
Candlestick Identification: Determines whether the following candle is bullish (close > open) or bearish (close < open).
Customizable Threshold: Allows users to adjust the sensitivity of the doji detection by modifying the doji body factor parameter.
Alerts: Generates alerts when a doji candle is followed by a bullish or bearish candle, signaling potential trading opportunities.
How to Use:
When a blue triangle appears below a candle, it indicates that a doji candle was followed by a bullish or bearish candle.
Traders can interpret these signals as potential entry or exit points in their trading strategies.
Note: This indicator should be used in conjunction with other technical analysis tools and indicators for comprehensive market analysis.
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本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。