Support Board
Date/Time: Sun, 15 Jun 2025 16:50:44 +0000
Post From: ACSIL - Get Candlestick Type (Bull/Bear)
| [2025-05-28 07:51:55] |
| Dennzisme - Posts: 26 |
|
I'm trying to figure out how sierra chart is determining if a doji candle (OPEN = CLOSE) is either bullish or bearish. This solution here that I found in another forum post is not correct: If the close is the same as the open, then we look at the difference between the current close and the prior close. If the current close is below the prior close, then the bar is down. If the current close is above the prior close, the bar is up. If the current close is the same as the prior close, repeat the algorithm using the next previous bar.
Help would greatly be appreciated. Best regards, Dennz |