Doji

Definition

The textbook label for this shape is ● neutral. The label describes the shape; it is not an instruction.

QuantZ does not claim this shape has predictive value. The detector reports that the bars met a definition; it says nothing about what follows.

The rule the detector applies

body ≤ dojiBodyRatio × range

Thresholds are named by the option key the code reads. The values below are the ones the detector ships with, read at render from its defaults; every ratio is measured against the bar’s own range or the trailing average body, so the same numbers apply to a low-priced stock and to a high-priced coin.

• dojiBodyRatio = 0.1

Prior trend

none · No prior trend is tested. The rule reads the shape alone.

Counted once with

Several names can describe one bar. This one belongs to the doji-bar family with Takuri, Rickshaw man, Long-legged doji, Dragonfly doji, Gravestone doji; anything that tallies patterns counts the family once per bar, so one candle never reads as several detections agreeing.