/*
* QUANTCONNECT.COM - Democratizing Finance, Empowering Individuals.
* Lean Algorithmic Trading Engine v2.0. Copyright 2014 QuantConnect Corporation.
*
* Licensed under the Apache License, Version 2.0 (the "License");
* you may not use this file except in compliance with the License.
* You may obtain a copy of the License at http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing, software
* distributed under the License is distributed on an "AS IS" BASIS,
* WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
* See the License for the specific language governing permissions and
* limitations under the License.
*
*/
using System;
using QuantConnect.Data.Market;
namespace QuantConnect.Indicators.CandlestickPatterns
{
///
/// Morning Doji Star candlestick pattern
///
///
/// Must have:
/// - first candle: long black real body
/// - second candle: doji gapping down
/// - third candle: white real body that moves well within the first candle's real body
/// The meaning of "doji" and "long" is specified with SetCandleSettings
/// The meaning of "moves well within" is specified with penetration and "moves" should mean the real body should
/// not be short ("short" is specified with SetCandleSettings) - Greg Morris wants it to be long, someone else want
/// it to be relatively long
/// The returned value is positive(+1): morning doji star is always bullish;
/// the user should consider that a morning star is significant when it appears in a downtrend,
/// while this function does not consider the trend
///
public class MorningDojiStar : CandlestickPattern
{
private readonly decimal _penetration;
private readonly int _bodyDojiAveragePeriod;
private readonly int _bodyLongAveragePeriod;
private readonly int _bodyShortAveragePeriod;
private decimal _bodyDojiPeriodTotal;
private decimal _bodyLongPeriodTotal;
private decimal _bodyShortPeriodTotal;
///
/// Initializes a new instance of the class using the specified name.
///
/// The name of this indicator
/// Percentage of penetration of a candle within another candle
public MorningDojiStar(string name, decimal penetration = 0.3m)
: base(name, Math.Max(Math.Max(CandleSettings.Get(CandleSettingType.BodyDoji).AveragePeriod, CandleSettings.Get(CandleSettingType.BodyLong).AveragePeriod),
CandleSettings.Get(CandleSettingType.BodyShort).AveragePeriod) + 2 + 1)
{
_penetration = penetration;
_bodyDojiAveragePeriod = CandleSettings.Get(CandleSettingType.BodyDoji).AveragePeriod;
_bodyLongAveragePeriod = CandleSettings.Get(CandleSettingType.BodyLong).AveragePeriod;
_bodyShortAveragePeriod = CandleSettings.Get(CandleSettingType.BodyShort).AveragePeriod;
}
///
/// Initializes a new instance of the class.
///
/// Percentage of penetration of a candle within another candle
public MorningDojiStar(decimal penetration)
: this("MORNINGDOJISTAR", penetration)
{
}
///
/// Initializes a new instance of the class.
///
public MorningDojiStar()
: this("MORNINGDOJISTAR")
{
}
///
/// Gets a flag indicating when this indicator is ready and fully initialized
///
public override bool IsReady
{
get { return Samples >= Period; }
}
///
/// Computes the next value of this indicator from the given state
///
/// The window of data held in this indicator
/// The input given to the indicator
/// A new value for this indicator
protected override decimal ComputeNextValue(IReadOnlyWindow window, IBaseDataBar input)
{
if (!IsReady)
{
if (Samples >= Period - _bodyLongAveragePeriod - 2 && Samples < Period - 2)
{
_bodyLongPeriodTotal += GetCandleRange(CandleSettingType.BodyLong, input);
}
if (Samples >= Period - _bodyDojiAveragePeriod - 1 && Samples < Period - 1)
{
_bodyDojiPeriodTotal += GetCandleRange(CandleSettingType.BodyDoji, input);
}
if (Samples >= Period - _bodyShortAveragePeriod)
{
_bodyShortPeriodTotal += GetCandleRange(CandleSettingType.BodyShort, input);
}
return 0m;
}
decimal value;
if (
// 1st: long
GetRealBody(window[2]) > GetCandleAverage(CandleSettingType.BodyLong, _bodyLongPeriodTotal, window[2]) &&
// black
GetCandleColor(window[2]) == CandleColor.Black &&
// 2nd: doji
GetRealBody(window[1]) <= GetCandleAverage(CandleSettingType.BodyDoji, _bodyDojiPeriodTotal, window[1]) &&
// gapping down
GetRealBodyGapDown(window[1], window[2]) &&
// 3rd: longer than short
GetRealBody(input) > GetCandleAverage(CandleSettingType.BodyShort, _bodyShortPeriodTotal, input) &&
// white real body
GetCandleColor(input) == CandleColor.White &&
// closing well within 1st rb
input.Close > window[2].Close + GetRealBody(window[2]) * _penetration
)
value = 1m;
else
value = 0m;
// add the current range and subtract the first range: this is done after the pattern recognition
// when avgPeriod is not 0, that means "compare with the previous candles" (it excludes the current candle)
_bodyLongPeriodTotal += GetCandleRange(CandleSettingType.BodyLong, window[2]) -
GetCandleRange(CandleSettingType.BodyLong, window[_bodyLongAveragePeriod + 2]);
_bodyDojiPeriodTotal += GetCandleRange(CandleSettingType.BodyDoji, window[1]) -
GetCandleRange(CandleSettingType.BodyDoji, window[_bodyDojiAveragePeriod + 1]);
_bodyShortPeriodTotal += GetCandleRange(CandleSettingType.BodyShort, input) -
GetCandleRange(CandleSettingType.BodyShort, window[_bodyShortAveragePeriod]);
return value;
}
///
/// Resets this indicator to its initial state
///
public override void Reset()
{
_bodyLongPeriodTotal = 0;
_bodyDojiPeriodTotal = 0;
_bodyShortPeriodTotal = 0;
base.Reset();
}
}
}