cdldragonflydoji

CDLDRAGONFLYDOJI

Type: cdldragonflydoji • Category: indicators

Description

Dragonfly Doji

Parameters

Name	Type	Required	Default
`open`	string	no
`high`	string	no
`low`	string	no
`close`	string	no
`pattern`	string	no	`"CDLDRAGONFLYDOJI"`

Help

CDLDRAGONFLYDOJI

Overview

The CDLDRAGONFLYDOJI worker is an indicator used in financial markets to identify a specific candlestick pattern known as the Dragonfly Doji.

Description

The Dragonfly Doji is a candlestick pattern that forms when the open, high, and close prices are equal or very close, while the low price is significantly lower. This pattern is often seen as a bullish reversal indicator.

What does this worker do?

This worker identifies the Dragonfly Doji pattern in a given set of financial data, specifically looking at the open, high, low, and close prices.

How to interpret the results

When the worker identifies a Dragonfly Doji pattern, it may indicate a potential bullish reversal in the market. However, as with any technical indicator, it should be used in conjunction with other forms of analysis and not relied upon exclusively.

Parameters

The following parameters are required to use the CDLDRAGONFLYDOJI 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": "CDLDRAGONFLYDOJI",
    "description": "The candlestick pattern to identify (defaults to CDLDRAGONFLYDOJI)."
  }
}

Detailed Parameters

open: The open price of the candlestick. (string)
high: The high price of the candlestick. (string)
low: The low price of the candlestick. (string)
close: The close price of the candlestick. (string)
pattern: The candlestick pattern to identify. Defaults to CDLDRAGONFLYDOJI. (string, default: CDLDRAGONFLYDOJI)

By providing these parameters, the CDLDRAGONFLYDOJI worker can accurately identify the Dragonfly Doji pattern in your financial data.