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cdlkickingbylength


CDLKICKINGBYLENGTH

Type: cdlkickingbylength • Category: indicators

Description

Kicking by length

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLKICKINGBYLENGTH"

Help

CDLKICKINGBYLENGTH

Overview

The CDLKICKINGBYLENGTH indicator is used in financial markets to identify a specific pattern known as "Kicking by length". This documentation provides an in-depth look at what this worker does, how to interpret its results, and the parameters required for its calculation.

Description

The CDLKICKINGBYLENGTH indicator is a candlestick pattern indicator that identifies a "Kicking by length" pattern. This pattern is significant in technical analysis as it can signal potential reversals in the market.

What does this worker do?

This worker calculates the CDLKICKINGBYLENGTH indicator based on the provided candlestick data. It takes the open, high, low, and close prices of a financial instrument as input and applies the logic for the "Kicking by length" pattern recognition.

How to interpret the results?

The output of the CDLKICKINGBYLENGTH worker will be a value that indicates the presence and type of the "Kicking by length" pattern. A positive value typically indicates a bullish pattern, while a negative value indicates a bearish pattern. The exact interpretation may vary depending on the specific implementation and market context.

Parameters

The following parameters are required for the CDLKICKINGBYLENGTH 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": "CDLKICKINGBYLENGTH",
"description": "The pattern to be recognized. Defaults to CDLKICKINGBYLENGTH."
}
}

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 - The pattern to be recognized. Defaults to CDLKICKINGBYLENGTH. This parameter is optional and typically does not need to be changed.

By providing these parameters, the CDLKICKINGBYLENGTH worker can accurately identify the "Kicking by length" pattern in financial markets, offering valuable insights for traders and analysts.