/// <summary>
/// Returns True if the index bar is a doji bar
/// </summary>
/// <param name="bars"></param>
/// <param name="index">The bar index number in a market series</param>
/// <returns>bool</returns>
public static bool IsDojiBar(this Bars bars, int index)
{
double barBodyRange = bars.GetBarRange(index, true);
double barRange = bars.GetBarRange(index);
double meanBarRange = bars.GetAverageBarRange(index - 1, 50);
return(barRange < meanBarRange / 3 && barBodyRange / barRange < 0.5);
}
/// <summary>
/// Returns True if the index bar is a rejection bar
/// </summary>
/// <param name="bars"></param>
/// <param name="index">The bar index number in a market series</param>
/// <returns>bool</returns>
public static bool IsRejectionBar(this Bars bars, int index)
{
double barBodyRange = bars.GetBarRange(index, true);
double barRange = bars.GetBarRange(index);
BarType barType = bars.GetBarType(index);
double meanBarRange = bars.GetAverageBarRange(index - 1, 50);
if (barBodyRange / barRange < 0.3 && barRange > meanBarRange)
{
var barMiddle = barRange * 0.5 + bars.LowPrices[index];
var barFirstQuartile = barRange * 0.25 + bars.LowPrices[index];
var barThirdQuartile = barRange * 0.75 + bars.LowPrices[index];
if (bars.OpenPrices[index] > barMiddle && bars.ClosePrices[index] > barThirdQuartile && barType == BarType.Bullish ||
bars.OpenPrices[index] < barMiddle && bars.ClosePrices[index] < barFirstQuartile && barType == BarType.Bearish)
{
return(true);
}
}
return(false);
}
