Candlestick Patterns

Marubozu

Introduction

Create a new Marubozu candlestick pattern indicator to indicate the pattern's presence.

Using Marubozu Indicator

To create an automatic indicators for Marubozu, call the Marubozu helper method from the QCAlgorithm class. The Marubozu method creates a Marubozu object, hooks it up for automatic updates, and returns it so you can used it in your algorithm. In most cases, you should call the helper method in the Initialize method.

public class MarubozuAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private Marubozu _marubozu;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _marubozu = Marubozu(SPY);
    }

    public override void OnData(Slice data)
    {
        if (_marubozu.IsReady)
        {
            Plot("Marubozu", "marubozu", _marubozu);
        }
    }
}
class MarubozuAlgorithm(QCAlgorithm):
    def Initialize(self) -> None:
        self.symbol = self.AddEquity("SPY", Resolution.Daily).Symbol
        self.marubozu = self.Marubozu(SPY)

    def OnData(self, slice: Slice) -> None:
        if self.marubozu.IsReady:
            self.Plot("Marubozu", "marubozu", self.marubozu.Current.Value)

The following reference table describes the Marubozu method:

Marubozu()1/1

            Marubozu QuantConnect.Algorithm.CandlestickPatterns.Marubozu (
    Symbol                            symbol,
    *Nullable<Resolution>       resolution,
    *Func<IBaseData, TradeBar>  selector
   )

Creates a new Marubozu pattern indicator. The indicator will be automatically updated on the given resolution.

If you don't provide a resolution, it defaults to the security resolution. If you provide a resolution, it must be greater than or equal to the resolution of the security. For instance, if you subscribe to hourly data for a security, you should update its indicator with data that spans 1 hour or longer.

For more information about the selector argument, see Alternative Price Fields.

For more information about plotting indicators, see Plotting Indicators.

You can manually create a Marubozu indicator, so it doesn't automatically update. Manual indicators let you update their values with any data you choose.

Updating your indicator manually enables you to control when the indicator is updated and what data you use to update it. To manually update the indicator, call the Update method with a TradeBar. The indicator will only be ready after you prime it with enough data.

public class MarubozuAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private Marubozu _marubozu;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _marubozu = new Marubozu(SPY);
    }

    public override void OnData(Slice data)
    {
        if (data.Bars.TryGeValue(_symbol, out var bar))
        {      
            _marubozu.Update(bar);
        }

        if (_marubozu.IsReady)
        {
            Plot("Marubozu", "marubozu", _marubozu);
        }
    }
}
class MarubozuAlgorithm(QCAlgorithm):
    def Initialize(self) -> None:
        self.symbol = self.AddEquity("SPY", Resolution.Daily).Symbol
        self.marubozu = Marubozu(SPY)

    def OnData(self, slice: Slice) -> None:
        bar = data.Bars.get(self.symbol)
        if bar:
            self.marubozu.Update(bar)

        if self.marubozu.IsReady:
            self.Plot("Marubozu", "marubozu", self.marubozu.Current.Value)

To register a manual indicator for automatic updates with the security data, call the RegisterIndicator method.

public class MarubozuAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private Marubozu _marubozu;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _marubozu = new Marubozu(SPY);
        RegisterIndicator(_symbol, _marubozu, Resolution.Daily);
    }

    public override void OnData(Slice data)
    {
        if (_marubozu.IsReady)
        {
            Plot("Marubozu", "marubozu", _marubozu);
        }
    }
}
class MarubozuAlgorithm(QCAlgorithm):
    def Initialize(self) -> None:
        self.symbol = self.AddEquity("SPY", Resolution.Daily).Symbol
        self.marubozu = Marubozu(SPY)
        self.RegisterIndicator(self.symbol, self.marubozu, Resolution.Daily)

    def OnData(self, slice: Slice) -> None:
        if self.marubozu.IsReady:
            self.Plot("Marubozu", "marubozu", self.marubozu.Current.Value)

The following reference table describes the Marubozu constructor:

Marubozu()1/2

            Marubozu QuantConnect.Indicators.CandlestickPatterns.Marubozu (
    string  name
   )

Initializes a new instance of the Maruboz class using the specified name.

Marubozu()2/2

            Marubozu QuantConnect.Indicators.CandlestickPatterns.Marubozu (
    
   )

Initializes a new instance of the Maruboz class.

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