Marubozu
By LuxAlgoMay 29, 2026
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?
A wide-range bar qualifies on size alone; a marubozu qualifies on shape — shaved ends showing the losing side never regained even the open. This build demands both — shaved ends on a tiny candle carry no message.
Why allow any wick at all?
A literal zero-shadow print is vanishingly rare on liquid symbols, so practical detection tolerates a small residue — 3% of the range by default. Push it toward zero for purist prints, or loosen it on volatile instruments.
Which form is the strongest signal?
The full form outranks both partials, and the closing variant is conventionally the stronger partial because the push was still in force at the final print. Each form has its own alert, so subscribe only to the grades you trade.
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