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cdlgapsidesidewhite

CDLGAPSIDESIDEWHITE​

Type: cdlgapsidesidewhite • Category: indicators

Description​

Up/Down-gap side-by-side white lines

Parameters​

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLGAPSIDESIDEWHITE"

Help​

CDLGAPSIDESIDEWHITE

Overview​

The CDLGAPSIDESIDEWHITE indicator is used in financial markets to identify a specific candlestick pattern known as Up/Down-gap side-by-side white lines.

Description​

The CDLGAPSIDESIDEWHITE indicator is a technical analysis tool used to detect a rare candlestick pattern that can signal a potential trend continuation or reversal. This pattern consists of two white (or green) candlesticks that occur on either side of a gap, with the second candlestick having a similar body size and position to the first.

What does this worker do?​

The CDLGAPSIDESIDEWHITE worker analyzes a set of candlestick data, specifically the open, high, low, and close prices, to identify the Up/Down-gap side-by-side white lines pattern. When the pattern is detected, it can provide insights into potential market movements.

How to interpret the results​

The output of the CDLGAPSIDESIDEWHITE worker is a boolean value indicating whether the pattern has been detected (True) or not (False). A True result suggests that the market may experience a trend continuation or reversal, depending on the context and other market factors.

Parameters​

The following parameters are required to configure the CDLGAPSIDESIDEWHITE worker:

Parameters Schema (JSON)​

{
  "open": {
    "type": "string",
    "description": "The opening price of the candlestick."
  },
  "high": {
    "type": "string",
    "description": "The highest price of the candlestick."
  },
  "low": {
    "type": "string",
    "description": "The lowest price of the candlestick."
  },
  "close": {
    "type": "string",
    "description": "The closing price of the candlestick."
  },
  "pattern": {
    "type": "string",
    "default": "CDLGAPSIDESIDEWHITE",
    "description": "The name of the candlestick pattern to detect."
  }
}

Parameters List​

  • open: string - The opening price of the candlestick.
  • high: string - The highest price of the candlestick.
  • low: string - The lowest price of the candlestick.
  • close: string - The closing price of the candlestick.
  • pattern: string (default: CDLGAPSIDESIDEWHITE) - The name of the candlestick pattern to detect.

By providing the required parameters, you can use the CDLGAPSIDESIDEWHITE worker to detect the Up/Down-gap side-by-side white lines pattern in financial markets.