OPEN-SOURCE SCRIPT
Doji Volume Directional Trigger (v6 Clean)
Doji Volume Directional Trigger identifies high-probability momentum shifts by looking for a specific three-part confirmation on the close of a bar:
- The Candlestick: A clear Doji pattern (tight body relative to its full range).
- The Color Flip: A sudden direction change (e.g., a green Doji immediately following a red candle).
- The Volume Surge: Confirming institutional presence by requiring current volume to exceed the previous bar.
Perfect for catching explosive reversals and breakouts early on any timeframe. Includes built-in visual shapes and standard alert triggers.
- The Candlestick: A clear Doji pattern (tight body relative to its full range).
- The Color Flip: A sudden direction change (e.g., a green Doji immediately following a red candle).
- The Volume Surge: Confirming institutional presence by requiring current volume to exceed the previous bar.
Perfect for catching explosive reversals and breakouts early on any timeframe. Includes built-in visual shapes and standard alert triggers.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.