Signal library Β· Candlestick patterns
Doji at resistance, then a down-close
A doji forms at swing resistance (within 0.5%) and the next bar closes below the doji's low.
- What it is for
- Indecision at resistance resolved downward.
- Rule
- Sell short on 1h bars when ((cs doji above 0) and ((high above 0.995 Γ sw resistance) and (close below sw resistance))) then (close below low 1 bars ago), each within 2 bars. Stop: beyond the 3-bar swing plus 0.2%. Target: 2 Γ the risk (stop distance). Exit after 15 bars at the latest.
- Side
- βΌ Short (sell / exit)
- Timeframes
- 1h, 1d
- Runs on
- Your watchlist, your holdings and the market scanner
Out of sample Β· after fees and slippage
Verified record
| Market | Timeframe | Status | Trades | Expectancy / trade | Hit rate | Max drawdown |
|---|---|---|---|---|---|---|
| United States | 1h | information only | β | β | β | β |
| United States | 1d | information only | β | β | β | β |
| India | 1h | information only | β | β | β | β |
| India | 1d | information only | β | β | β | β |
| United Kingdom | 1h | information only | β | β | β | β |
| United Kingdom | 1d | information only | β | β | β | β |
| Europe | 1h | information only | β | β | β | β |
| Europe | 1d | information only | β | β | β | β |
Backtested on past data after estimated fees and slippage, out of sample. Past results do not predict future results. Signals are market information, not advice.
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