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cdlbreakaway

CDLBREAKAWAY​

Type: cdlbreakaway • Category: indicators

Description​

Breakaway

Parameters​

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLBREAKAWAY"

Help​

CDLBREAKAWAY

Overview​

The CDLBREAKAWAY indicator is used in financial markets to identify a Breakaway pattern.

Description​

The Breakaway pattern is a type of candlestick pattern that indicates a potential reversal in the market trend. It occurs when a gap appears between two consecutive candlesticks, and the second candlestick has a small body and long wicks.

What does this worker do?​

This worker calculates the CDLBREAKAWAY indicator values based on the provided open, high, low, and close prices.

How to interpret the results​

The CDLBREAKAWAY indicator returns a value that indicates the presence of a Breakaway pattern. A value of true indicates that the pattern is present, while a value of false indicates that it is not.

Parameters​

The following parameters are required to calculate the CDLBREAKAWAY indicator:

Parameters Schema (JSON)​

{
  "open": {
    "type": "string"
  },
  "high": {
    "type": "string"
  },
  "low": {
    "type": "string"
  },
  "close": {
    "type": "string"
  },
  "pattern": {
    "type": "string",
    "default": "CDLBREAKAWAY"
  }
}

Parameters List​

  • 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: CDLBREAKAWAY) - The pattern to be identified (in this case, always CDLBREAKAWAY).

Example Usage​

To use this worker, provide the required parameters in the following format:

{
  "open": "100.0",
  "high": "120.0",
  "low": "90.0",
  "close": "110.0",
  "pattern": "CDLBREAKAWAY"
}

The worker will then return a value indicating the presence of a Breakaway pattern.