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DeskPatterns

Doji

A candle whose body vanishes against its range.

A single candle whose open and close almost meet. The body is measured against the full high–low range. Knowable when that candle closes. An event — no end.

A doji has no direction. The marker sits above the candle in the neutral colour — it is not a buy or sell reading, whichever way the tiny body closed.

Settings

Maximum body is a fraction of the bar’s range (default 0.05).

0.05 is the doji threshold for the whole family. The same number appears under Long-Legged, Dragonfly, Gravestone, Bullish and Bearish Harami Cross and both doji stars. So whatever one of those narrower patterns marks, Doji marks as well.

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