Marubozu Screener for ProRealTime

The Marubozu Screener automatically scans financial markets to identify Bullish and Bearish Marubozu candlestick patterns on your selected ProRealTime timeframe.

A Marubozu is a Japanese candlestick pattern characterized by a large candle body with very short or no upper and lower wicks. It reflects strong buying or selling pressure during the period being analyzed.

• Bullish Marubozu: The opening price is near the period’s low, and the closing price is near its high.
• Bearish Marubozu: The opening price is near the period’s high, and the closing price is near its low.

Depending on market conditions, these patterns may accompany a strong directional price movement.

Find Bullish and Bearish Marubozu Patterns

The Screener scans stocks to identify Marubozu candlesticks that match your detection criteria.

You can search for two types of patterns:

• Bullish Marubozu: Identify candles showing strong buying pressure.
• Bearish Marubozu: Identify candles showing strong selling pressure.

Search results are displayed directly in ProScreener, allowing you to find matching stocks without checking each chart individually.

The Screener works on all timeframes and analyzes the candle currently forming. Search results may therefore change until the candle closes.

General market filters are applied using the daily timeframe, allowing you to refine results according to your liquidity requirements.

Customizable Search Parameters

Configure the Screener directly through ProRealTime’s Variables menu, without modifying the code.

Adjustable validation criteria:

• Maximum length of upper and lower wicks.
• Calculation period for the average candle body size of previous candles.
• Minimum candle body size relative to this average.

Available filters:

• Detection of Bullish Marubozu patterns.
• Detection of Bearish Marubozu patterns.

General market filters:

• Minimum stock price.
• Minimum average trading volume.
• Average volume calculation period.
• Trading volume calculated using either the number of shares traded or the traded value.

These settings allow you to customize your searches according to your preferred candlestick patterns and market liquidity criteria.

Characteristics

• Automatic detection of Bullish and Bearish Marubozu candlestick patterns.
• Works on all timeframes.
• Customizable detection and validation criteria.
• Adjustable price and trading volume filters.
• Compatible with ProRealTime V11 and later versions.
• Compatible with the free version of ProRealTime (daily closing prices).
• Parameters adjustable without modifying the code.
• Marubozu Indicator included.
• Free automatic updates.

Video Presentation

Video in French – English subtitles available.