CandlestickMetaTrader 5 • MQL5

Doji Pattern Alert Indicator for MetaTrader 5

Detect Doji indecision candles and Dragonfly/Gravestone variants

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About This Indicator

A Doji forms when open and close prices are nearly equal, showing market indecision. This indicator detects standard Doji, Dragonfly Doji, and Gravestone Doji patterns and alerts you to potential trend pauses or reversals.

Key Features

  • Detects standard, Dragonfly, and Gravestone Doji
  • Configurable body-to-range ratio filter
  • Visual labels on detected bars
  • Alert on new Doji formation
  • Color-coded by Doji type

Frequently Asked Questions

What does a Doji mean?

A Doji indicates indecision between buyers and sellers. After a strong trend it signals a potential pause or reversal.

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