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Some posts have been made lately by T-bond trader on doji sandwiches. The
code below may or may not have any resemblance to that used on his charts
for showme's. The code below is one possible way to approach the concept.
It has three modes for experimentation. All modes plot on a user defined
tolerance as a percentage of the doji body with respect to the bar's
range(standard code in omega doji function). Mode(0) plots the doji without
respect to either bar before or after the doji. Mode(1) plots the "yellow
setup" doji when it is sandwiched by the bar to its left. Mode(2) plots
the setup doji and the red/green trigger doji when it also sandwiches the
doji. It looks like a respectable system could be made from such code by
adding some stops. Critiques encouraged, recoding encouraged. Clyde, go
for it and make it fly.
BobRoeske
{offset is the point distance above the high or below the low to plot the
showme. Mode(0) plots only the Doji without respect to either the bar before
or after it. Mode(1) plots the doji showme when within the range of the
previous bar. Mode(2) plots the show me when sandwiched by the bar before
and the bar after the doji. Tolernce sets the sensitivity of the doji body
with respect to the H and L of the doji bar}
Inputs: Tolernce(25), offset1(1),Mode(0);
If Mode = 0 then begin
Condition1 =( Open = Close or AbsValue(Open-Close) <= Range *
(Tolernce/100)); {plot1(doji),Mode0}
If condition1=true then
Plot1(High+offset1,"DojiH"); {yellow}
end;
If Mode=1 then begin
Condition1 =( Open = Close or AbsValue(Open-Close) <= Range *
(Tolernce/100)); {plot1(doji),Mode0}
Condition2 = open<H[1] and open>L[1] and close<H[1] and close>L[1]; {Mode1}
If condition1=true and condition2=true then
Plot1(High+offset1,"DojiH");
end;
If Mode=2 then begin
Condition1 =( Open[1] = Close[1] or AbsValue(Open[1]-Close[1]) <= Range[1] *
(Tolernce/100)); {plot1(doji),Mode0}
Condition2 = open[1]<H[2] and open[1]>L[2] and close[1]<H[2] and
close[1]>L[2]; {Mode1}
Condition3 = H>open[1] and H>close[1] and L<open[1] and L<close[1];
Condition4 = (H+L+C)/3>(H[1]+L[1]+C[1])/3;
Condition5 = (H+L+C)/3<(H[1]+L[1]+C[1])/3;
If condition1=true and condition2=true and condition3=true then
Plot1[1](High[1]+offset1,"DojiH"); {yellow}
If condition1=true and condition2=true and condition3=true and
condition4=true then
Plot2(Low-offset1,"DojiL"); {continuation up doji}
If condition1=true and condition2=true and condition3=true and
condition5=true then
Plot3(High+offset1,"DojiH"); {continuation down doji}
end;
Attachment Converted: "f:\eudora\attach\DOJI.gif"
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