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Dojistar

Doji strategyThis is a simple strategy based on Doji star candlestick. It places two orders: buy stop at doji star high or previous candle high and sell stop at doji star low or previous candle low. Exit rules are with take profit and fixed stop loss or take profit and stop loss at doji min or max. This strategy works very well with high time frames like Daily and Weekly because those are without noise in doji formation. Each currency pair has its own optimal setting for TP and SL: it's up to user find the best ones. I could implement SL based on ATR, maybe in next revision. Please use comment section for any feedback. Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
Pine Script® strategy
by 03.freeman
Updated Oct 27, 2018
88

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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