ScannersStrategies

Bearish Marubozu

Bearish Marubozu is identified by a long bearish body with minimal upper and lower wicks, indicating strong selling pressure, and this scanner additionally verifies if today's candle has the highest range among the past 5 candles

Universe

Nifty 500

Time Frame

1 Day

Conditions

Open(0) higher than Close(0) and Abs( High(0) - Open(0) ) / Abs( Close(0) - Open(0) ) lower than 0.07 and Abs( Close(0) - Low(0) ) / Abs( Close(0) - Open(0) ) lower than 0.07 and Abs( High(0) - Low(0) ) higher than Period max(5, High(-1) - Low(-1) )

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