CDLCLOSINGMARUBOZU
Type:
cdlclosingmarubozu• Category:indicators
Description
Closing Marubozu
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | prices data | no | |
open | string | no | ||
high | string | no | ||
low | string | no | ||
close | string | no | ||
pattern | string | no | "CDLCLOSINGMARUBOZU" |
Help
CDLCLOSINGMARUBOZU
Description
The CDLCLOSINGMARUBOZU indicator is a tool used in financial analysis to identify specific candlestick patterns.
What does this worker do?
This worker identifies and analyzes the Closing Marubozu candlestick pattern in a given set of price data. The Closing Marubozu pattern is characterized by a candle with a very small or non-existent wick on one side (either the open or close side) and a long body. This indicator helps traders and analysts to detect this specific pattern.
How to interpret the results
The results of the CDLCLOSINGMARUBOZU indicator can be interpreted as follows:
- Open, High, Low, Close: These values represent the price data used to identify the pattern.
- Pattern: This value indicates the presence and type of the Closing Marubozu pattern.
Usage
To use this indicator, simply pass your price data to the worker. The worker will then analyze the data and return the results.
Example Usage
Parameters:
- dataExp: prices data
- open: No description
- high: No description
- low: No description
- close: No description
- pattern: No description
Visualizing the Indicator
For a better understanding of how to use the CDLCLOSINGMARUBOZU indicator, refer to the following GIFs:
Full GIF
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)
Short GIF
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)
Additional Information
The Closing Marubozu pattern can be a significant indicator of market sentiment. A bullish Closing Marubozu (where the close is near the high and the open is near the low) can indicate strong buying pressure, while a bearish Closing Marubozu (where the close is near the low and the open is near the high) can indicate strong selling pressure. Traders often use this pattern in conjunction with other technical and fundamental analysis tools to make informed trading decisions.