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cdlinneck


CDLINNECK

Type: cdlinneck • Category: indicators

Description

In-Neck Pattern

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLINNECK"

Help

CDLINNECK

Overview

The CDLINNECK worker is an indicator used in financial markets to identify the In-Neck Pattern.

Description

The In-Neck Pattern is a candlestick pattern that can be used to predict a potential reversal in the market. It is characterized by a bearish candle followed by a bullish candle that closes near the low of the previous candle.

What does this worker do?

The CDLINNECK worker takes in candlestick data and identifies the In-Neck Pattern. It returns a value indicating whether the pattern is present or not.

How to interpret the results

The worker returns a boolean value indicating whether the In-Neck Pattern is present or not. 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 use the CDLINNECK worker:

ParameterTypeDescriptionDefault Value
openstringThe opening price of the candlestick-
highstringThe highest price of the candlestick-
lowstringThe lowest price of the candlestick-
closestringThe closing price of the candlestick-
patternstringThe pattern to identify (default: CDLINNECK)CDLINNECK

Parameters Schema (JSON)

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

Example Usage

To use the CDLINNECK worker, simply pass in the required parameters:

{
"open": "100.0",
"high": "110.0",
"low": "90.0",
"close": "105.0",
"pattern": "CDLINNECK"
}

The worker will then return a boolean value indicating whether the In-Neck Pattern is present or not.