Skip to main content

cdlrickshawman


CDLRICKSHAWMAN

Type: cdlrickshawman • Category: indicators

Description

Rickshaw Man

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLRICKSHAWMAN"

Help

CDLRICKSHAWMAN

Overview

The CDLRICKSHAWMAN indicator is used in financial markets to identify a specific candlestick pattern known as the Rickshaw Man.

Description

The Rickshaw Man is a candlestick pattern that appears when the open, high, and close prices are very close to each other, with long upper and lower shadows. This pattern is considered neutral and can be interpreted as a sign of indecision in the market.

What does this worker do?

This worker identifies the Rickshaw Man candlestick pattern in financial markets. It takes in the open, high, low, and close prices of a security as input and returns a value indicating whether the pattern is present.

How to interpret the results

The worker returns a boolean value indicating whether the Rickshaw Man pattern is present. 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 CDLRICKSHAWMAN worker:

ParameterTypeDescriptionDefault Value
openstringThe open price of the security.-
highstringThe high price of the security.-
lowstringThe low price of the security.-
closestringThe close price of the security.-
patternstringThe name of the pattern to identify.CDLRICKSHAWMAN

Example Usage

To use the CDLRICKSHAWMAN worker, you would provide the following JSON input:

{
"open": "10.0",
"high": "11.0",
"low": "9.0",
"close": "10.5",
"pattern": "CDLRICKSHAWMAN"
}

The worker would then return a boolean value indicating whether the Rickshaw Man pattern is present.