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cdl3starsinsouth


CDL3STARSINSOUTH

Type: cdl3starsinsouth • Category: indicators

Description

Three Stars In The South

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDL3STARSINSOUTH"

Help

CDL3STARSINSOUTH

Overview

The CDL3STARSINSOUTH indicator is a candlestick pattern indicator used in financial markets. It identifies a specific pattern known as "Three Stars In The South."

Description

The CDL3STARSINSOUTH indicator is used to detect the "Three Stars In The South" candlestick pattern. This pattern is a bullish reversal pattern that consists of three consecutive candles with specific characteristics.

What does this worker do?

This worker takes in financial market data, specifically open, high, low, and close prices, and applies the CDL3STARSINSOUTH algorithm to identify occurrences of the "Three Stars In The South" pattern. The output indicates whether the pattern is present, suggesting a potential bullish reversal in the market.

How to interpret the results

The output of the CDL3STARSINSOUTH worker is a boolean value indicating whether the "Three Stars In The South" pattern is present. A true value suggests that the pattern has been identified, which may indicate a potential bullish reversal. A false value indicates that the pattern is not present.

Parameters

The following parameters are required to configure the CDL3STARSINSOUTH worker:

Parameters Schema (JSON)

{
"open": {
"type": "string",
"description": "The open price of the candlestick"
},
"high": {
"type": "string",
"description": "The high price of the candlestick"
},
"low": {
"type": "string",
"description": "The low price of the candlestick"
},
"close": {
"type": "string",
"description": "The close price of the candlestick"
},
"pattern": {
"type": "string",
"default": "CDL3STARSINSOUTH",
"description": "The candlestick pattern to detect (default: CDL3STARSINSOUTH)"
}
}

Detailed Parameters

  • open: string - The open price of the candlestick.
  • high: string - The high price of the candlestick.
  • low: string - The low price of the candlestick.
  • close: string - The close price of the candlestick.
  • pattern: string (default: CDL3STARSINSOUTH) - The candlestick pattern to detect. For this worker, the default value is CDL3STARSINSOUTH and should not be changed.