Dragon Fly Doji

The Dragon Fly Doji Candlestick Pattern Indicator signifies indecision and acts as an indication of bullish trend reversal during a bear market/decline. This Indicator works by generating buy signals after the pattern has formed.

For more information about this Candlestick Pattern, please check out thepatternsite.com.

Your position determines the trade signal used for this indicator! If you are in a bought position, the trade signal will be a sell signal. If you are in a sold position, the trade signal will be a buy signal. You can set this indicator to produce the signals you want by ONLY enabling those trade signals on the left of the candlestick pattern indicator screen.