Advanced Marubozu Detector

Advanced Marubozu Detector

This indicator identifies bullish and bearish Marubozu candles based on specific conditions:

Bullish Marubozu: Detected when the candle's body is completely green without upper or lower shadows, and it closes higher than the high of the previous candle.

Bearish Marubozu: Detected when the candle's body is completely red without upper or lower shadows, and it closes lower than the low of the previous candle.

The indicator plots a green arrow below the bullish Marubozu and a red arrow above the bearish Marubozu directly on the chart, making it easy to spot these patterns in any time frame.



Designed by : Morteza Bakhshi