Rickshaw-man Doji

Doji pattern indicates indecision.

When the body line appears at the middle of the Doji candle, it is known as a Rickshaw man Doji candlestick pattern.

After the volatile session, the price closes at the mid-range where it opened earlier. Bulls and bears are at par. The pattern shows us that there is confusion.

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This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.

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