cdlhikkakemod
CDLHIKKAKEMOD
Type:
cdlhikkakemod• Category:indicators
Description
Modified Hikkake
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
open | string | no | ||
high | string | no | ||
low | string | no | ||
close | string | no | ||
pattern | string | no | "CDLHIKKAKEMOD" |
Help
CDLHIKKAKEMOD
Modified Hikkake
Description
The CDLHIKKAKEMOD worker is an indicator used in financial markets to identify a specific candlestick pattern known as the Modified Hikkake. This pattern is a variation of the Hikkake pattern, which is used to signal potential reversals or continuations in market trends.
What does this worker do?
This worker analyzes candlestick data based on the provided open, high, low, and close prices to identify occurrences of the Modified Hikkake pattern. It helps traders and analysts in recognizing specific market behaviors that could indicate a change in the direction of a trend or a continuation of the existing trend.
How to interpret the results
The output of the CDLHIKKAKEMOD worker will indicate whether a Modified Hikkake pattern has been identified for a given set of candlestick data. A positive result suggests that the pattern has been detected, which could imply a potential trading signal. The interpretation of this signal (e.g., whether it indicates a buy, sell, or hold position) depends on the context of the market and the specific trading strategy being employed.
Parameters
The following parameters are required to use the CDLHIKKAKEMOD worker:
| Parameter | Type | Description | Default Value |
|---|---|---|---|
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 | The name of the pattern to identify. This should be set to "CDLHIKKAKEMOD" for the Modified Hikkake pattern. | "CDLHIKKAKEMOD" |
Example Usage
To use the CDLHIKKAKEMOD worker, you would provide a JSON object with the required parameters, like so:
{
"open": "100.0",
"high": "110.0",
"low": "90.0",
"close": "105.0",
"pattern": "CDLHIKKAKEMOD"
}
This example demonstrates how to submit a request to identify a Modified Hikkake pattern for a candlestick with an open price of 100.0, a high of 110.0, a low of 90.0, and a close of 105.0.