Basic Candle Formulas Table
|
Black Candle |
C < O |
|
Black Closing Marubozu Candle |
H > O AND C = L AND O - C > 3 * AVG(ABS(O - C), 15) / 2 |
|
Black Marubozu Candle |
H - L = O - C AND O - C > 3 * AVG(ABS(O - C), 15) / 2 |
|
Black Opening Marubozu Candle |
H = O AND C > L AND O - C > 3 * AVG(ABS(O - C), 15) / 2 |
|
Closing Marubozu Candle |
(L = C OR C = H) AND H - L > ABS(O - C) AND ABS(O - C) > 3 * AVG(ABS(O - C), 15) / 2 |
|
Doji Candle |
20 * ABS(O - C) <= H - L |
|
Long Candle |
ABS(O - C) > 3 * AVG(ABS(O - C), 15) / 2 |
|
Long Black Candle |
O - C > 3 * AVG(ABS(O - C), 15) / 2 |
|
Long White Candle |
C - O > 3 * AVG(ABS(O - C), 15) / 2 |
|
Marubozu Candle |
H - L = ABS(O - C) AND H - L > 3 * AVG(ABS(O - C), 15) / 2 |
|
Opening Marubozu Candle |
(L = O OR O = H) AND H - L > ABS(O - C) AND ABS(O - C) > 3 * AVG(ABS(O - C), 15) / 2 |
|
Short Candle |
ABS(O - C) < AVG(ABS(O - C), 15) / 2 |
|
Short Black Candle |
C < O AND O - C < AVG(ABS(O - C), 15) / 2 |
|
Short White Candle |
O < C AND C - O < AVG(ABS(O - C), 15) / 2 |
|
True Doji Candle |
O = C |
|
White Candle |
O < C |
|
White Closing Marubozu Candle |
H = C AND O > L AND C - O > 3 * AVG(ABS(O - C), 15) / 2 |
|
White Marubozu Candle |
H - L = C - O AND C - O > 3 * AVG(ABS(O - C), 15) / 2 |
|
White Opening Marubozu Candle |
H > C AND O = L AND C - O > 3 * AVG(ABS(O - C), 15) / 2 |