A marubozu / morubozu is a full candle, without any wick. It is a sign of strength, meaning that the entire session has been in the same direction. The trend will be given by the direction of the candle. A marubozu is a bullish candle, if the candle is bearish it is called a morubozu.
The screener scans the maerket to find stocks making a bullish Marubozu or bearish Morubozu.
Works on all timeframes.
Marubozu Indicator is included.
A general filtering, based on daily timeframe, is done. This filtering is used to ensure a minimum liquidity on the stocks, according to your own criteria.
The parameters for defining search criteria can be easily adjusted without having to modify the code. Just use the screener’s variables 🔧 menu.
Adjustable validation criteria :
- Maximum wicks length
- Minimum candle height
Available filters :
- Bullish Marubozu
- Bearish Morubozu
General filter :
- Minimum stock price
- Minimum average volume
- Average volume expressed in transaction number or in capital exchange
Characteristics :
- Works on all TimeFrames
- ProRealTime V11 and later versions compatible
- Free ProRealTime (daily closings) compatible
- Automatic and free updates
- Marubozu indicator included
Watch the video user’s guide on our Youtube channel, subtitles available in English :
🇫🇷 Marubozu / 🇮🇹 Marubozu/ 🇩🇪 Marubozu / 🇪🇸 Marubozu
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