Marubozu

Marubozu detects the shaved candle in its three textbook forms (full, opening and closing marubozu) and keeps only the ones big enough to matter. A wick tolerance of 3% of the bar's range decides whether an end counts as shaved, the real body must beat the 20-bar typical range, and optional volume and trend filters gate detections further. Kept candles are recolored and tagged M, OM or CM, and the latest leaves a reference frame (extremes plus dashed midpoint) extended right.

How to Trade the Marubozu?

• M / OM / CM tag prints: one side held the bar from first trade to last; hover the tag for body, wick, range and volume statistics.
• Price holds beyond the midpoint: respect of the dashed mid keeps the drive credible.
• Midpoint lost: a close back through the mid against the candle reads as the original pressure being absorbed, its own alert.
• Fully retraced: a close beyond the far extreme swallows the bar and retires the frame.

Where a detection prints decides its meaning: Counter-Trend hunts initiative candles turning out of declines and bases, With Trend keeps continuation drives.

Marubozu Settings

• Maximum Wick (%) (default 3): largest wick allowed at a shaved end, as a share of the range.
• Detect Opening Marubozu / Detect Closing Marubozu (defaults on): include the partial forms.
• Typical Range Length (default 20): trailing window for the range and volume yardsticks.
• Minimum Body Multiple (default 1): body versus typical range; 0 keeps every size.
• Volume Filter (default off) with Multiple (default 1): demand above-average volume.
• Trend Context (default Any) with Trend SMA Length (default 50): the location filter.
• Candle Levels (default on) with Keep Last (default 1): reference frames, and how many persist.
• Style toggles: Color Marubozu Candles (on) and Show Labels (on).

Frequently Asked Questions

How is a marubozu different from a wide-range bar?

Why allow any wick at all?

Which form is the strongest signal?