The Marubozu Block Configuration

On BullTrading, you have several options to configure each block uniquely. In this block, you can set the time unit, accuracy percentage, and more.

Time Unit

Since BullTrading allows for multi-timeframe strategies, you can select the time period for calculating this indicator. There are two options:

• Default: If set to Default, the time unit will vary based on the timeframe used in the backtest.

• 15m, 30m, 1d, etc.: Choosing a specific time unit means this setting will apply regardless of the time unit used for backtesting your strategy.

TIPS: If you’re a beginner, it’s recommended to leave the time unit on Default.

Accuracy Percentage

The "Accuracy Percentage" parameter sets the minimum percentage for the distance between the open and close within the range of the low and high. For example, a candle will be considered a Marubozu only if the absolute variation (regardless of sign) is greater than 90%.

Trigger Type

This parameter has two options: Bullish or Bearish. Here’s the difference:

• Bullish: If the trigger type is set to Bullish, the block is validated if the candle is a Marubozu with a positive open-to-close variation.

• Bearish: If the trigger type is set to Bearish, the block is validated if the candle is a Marubozu with a negative open-to-close variation.