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cdlhangingman

CDLHANGINGMAN​

Type: cdlhangingman • Category: indicators

Description​

Hanging Man

Parameters​

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLHANGINGMAN"

Help​

CDLHANGINGMAN

Overview​

The CDLHANGINGMAN worker is an indicator used in financial markets to identify potential trend reversals.

Description​

The CDLHANGINGMAN worker detects the Hanging Man candlestick pattern, which is a bearish reversal pattern that forms when a small body and long lower wick are present at the end of an uptrend.

What does this worker do?​

This worker analyzes a set of candlestick data, specifically the open, high, low, and close prices, to identify the Hanging Man pattern. When the pattern is detected, it returns a value indicating the presence of the pattern.

How to interpret the results​

The worker returns a value that indicates whether the Hanging Man pattern is present or not. A positive result suggests that the pattern has been detected, which may indicate a potential bearish reversal in the market.

Parameters​

The following parameters are required to use the CDLHANGINGMAN 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": "CDLHANGINGMAN",
    "description": "The pattern to detect (default: CDLHANGINGMAN)"
  }
}

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: CDLHANGINGMAN) - The pattern to detect. Defaults to CDLHANGINGMAN.

Example Usage​

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

{
  "open": "10.0",
  "high": "12.0",
  "low": "9.0",
  "close": "10.5",
  "pattern": "CDLHANGINGMAN"
}