Use the chart settings to add the Long-Legged Doji Candlestick indicator.Īfter adding the Long-Legged Doji indicator to the charts, click on the rising threshold chart trigger to create your alert.
You can use TimeToTrade to execute trades, notify you or backtest trading strategies, for example when the Long-Legged Doji has been identified. Learn more about the Long-Legged Doji indicator. If the close price is near the bottom of the shadow it is called a Gravestone Doji, and if the close price is near the top of the shadow it is called a Dragonfly Doji. If the Doji has a shorter shadow it is referred to simply as a Doji candlestick. When a Long-Legged Doji is formed after a bearish move, it can signal a bullish reversal in the price action.
When a Long-Legged Doji is formed after a bullish move, it can signal a bearish reversal in the price action. On its own a Long-Legged Doji mid trend between key points of support or resistance, it is of little significance.