A weapon that finds and marks rising candles with almost no shadows and a body far longer than usual. Buyers pushed all the way through the candle.
- Weapon tier
- Starter tier
- Slots used
- Candle markings 1/3
Concept
It is a rising candle that starts near its low and ends near its high. Both shadows are short, and the body is clearly longer than the average body of recent candles.
At the end of a long fall it is often read as a first sign that the trend may turn; inside a rise, as a sign that the move is gaining strength.
- Bullish Marubozu
Charts by TradingView Lightweight Charts™
80 candles with volume. After a fall, candle 60 (yellow vertical line) is a bullish marubozu. The price moves sideways for a few days and then rises to the end. Keyboard: ←/→ to move, +/− to zoom, 0 to see the whole chart.
The yellow vertical line is the bullish marubozu. It appeared at the end of a fall; the price did not rise at once but steadied for a few days first. This scene was picked because it worked out — it is just as common for the next day to give the move back. Drag the chart sideways with a finger or the mouse to move it, and pinch with two fingers to zoom in. With a keyboard, click the chart, then use ←/→ to move and +/− to zoom.
How it is calculated
Find body = |close − open|, range = high − low, upper shadow = high − max(open, close) and lower shadow = min(open, close) − low.
Take the average body of the last 10 candles.
If close > open (a rising candle), each shadow is at most range × 0.1, and the body is longer than average body × 1.5, it is a bullish marubozu.
Parameters
| What it sets | Name in the game | Default | Range |
|---|---|---|---|
| Candles used for the average body | lookback | 10 | 5 – 30 |
| Longest allowed shadow, as a share of the range | shadowMax | 0.1 | 0.01 – 0.4 |
| How many times the average body the body must exceed | bodyMultiple | 1.5 | 0.5 – 4 |
Trading ideas
A bullish marubozu with heavy volume at the end of a fall is often read as “buyers are back”. Watch whether the following candles hold the lower part of its body.
Inside a rise it is read as the trend continuing. After a long run-up, though, it can also be the last burst before the top.
Common traps
- One bullish marubozu does not mean the trend has turned. The next day often gives the whole body back.
- Its length is measured against the average body, so in a quiet stock even a modest candle can qualify.
- The chart on this page is a picked scene. Read it together with the trend (lesson 2) and volume (lesson 4).
In the game
- “Bullish Marubozu” is an “Starter tier” weapon and uses 1 “Candle markings” slot (limit 3). It uses no chart lines and no indicator panel.
- In the game, every candle that meets the conditions gets a faint gray vertical line in the price area, and only the most recent line is labeled “Bullish Marubozu”. The chart on this page looks the same; the yellow vertical line is an extra mark for the candle this page talks about.
- If you equip several “Candle markings” weapons, their lines are told apart as solid, dashed and dotted.
Related indicators and lessons
- Three White Soldiers — A candle-pattern marker that puts a vertical line on the third of three big up candles closing higher one after another.
- Three Black Crows — A candle-pattern marker that puts a vertical line on the third of three big down candles closing lower one after another.
- Morning Star — A candle-pattern marker for a three-candle bottom shape — big down candle, small-bodied candle, big up candle — with a vertical line on the third candle.
- Evening Star — A candle-pattern marker for a three-candle top shape — big up candle, small-bodied candle, big down candle — with a vertical line on the third candle.
- Hammer — A candle-pattern marker that puts a vertical line on a single candle in a downtrend with a long lower shadow and almost no upper shadow.
- Inverted Hammer — A candle-pattern marker that puts a vertical line on a single candle in a downtrend with a long upper shadow and almost no lower shadow.
- Hanging Man — A candle-pattern marker that puts a vertical line on a single candle in an uptrend with a long lower shadow and almost no upper shadow.
- Shooting Star — A candle-pattern marker that puts a vertical line on a single candle in an uptrend with a long upper shadow and almost no lower shadow.
- Doji — A weapon that finds and marks candles whose open and close are almost the same, so the body is very thin. It is a candle where buyers and sellers ended up evenly matched.
- Bearish Marubozu — A weapon that finds and marks falling candles with almost no shadows and a body far longer than usual. Sellers pushed all the way through the candle.
- Bullish Engulfing — A weapon that marks a large rising candle whose body completely wraps the previous falling candle’s body, in a downtrend.
- Bearish Engulfing — A weapon that marks a large falling candle whose body completely wraps the previous rising candle’s body, in an uptrend.
- Piercing Line — A weapon that marks, in a downtrend, a rising candle that opens below a long falling candle and closes above the middle of that candle’s body.
- Dark Cloud Cover — A weapon that marks, in an uptrend, a falling candle that opens above a long rising candle and closes below the middle of that candle’s body.
- Bullish Harami — A weapon that marks, in a downtrend, a small rising candle that fits entirely inside the body of the long falling candle before it.
- Bearish Harami — A weapon that marks, in an uptrend, a small falling candle that fits entirely inside the body of the long rising candle before it.
- 1. Reading a single candle
- 4. Volume and volume MA