CDLDRAGONFLYDOJI

Summary

Single-candle pattern: a doji (open and close nearly equal) sitting at the top of the range, with no meaningful upper shadow and a long lower shadow. A reversal signal, but its bullish/bearish meaning depends on the prior trend (the code does not judge direction). A hit marks a dragonfly doji; treated as a potential reversal, but direction (bullish/bearish) must be read from the trend it appears in.

Formula

Single candle. realbody <= BodyDoji average (doji body) AND upper shadow < ShadowVeryShort average (no/very short upper shadow) AND lower shadow > ShadowVeryShort average (lower shadow present, not very short). No color, gap, or trend test.

Notes

Does not verify the prior trend that determines the pattern's bullish/bearish meaning.

Inputs

inPriceOHLC — OHLC price bars (open, high, low, close)

Outputs

outInteger — +100 when the pattern is present, 0 otherwise; never -100. The +100 does not itself imply bullishness (must be read against the trend)

Implementation

TA-Lib Definition: cdldragonflydoji.c · cdldragonflydoji.yaml

Native	File
C	`ta_CDLDRAGONFLYDOJI.c`
Rust	`cdldragonflydoji.rs`
Java	`Core.java`

TA-Lib is also available for Python, R and more using a wrapper.

Aliases

Dragonfly Doji