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cdlshortline


CDLSHORTLINE

Type: cdlshortline • Category: indicators

Description

Short Line Candle

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLSHORTLINE"

Help

CDLSHORTLINE

Short Line Candle

Description

The CDLSHORTLINE worker is an indicator used in financial markets to identify the Short Line Candle pattern. This pattern is characterized by a small body and long wicks on both sides, indicating a lack of conviction among traders.

What does this worker do?

The CDLSHORTLINE worker analyzes the given open, high, low, and close prices to determine if the Short Line Candle pattern is present. It returns a value indicating whether the pattern is identified or not.

How to interpret the results

The worker returns a boolean value (true or false) indicating whether the Short Line Candle pattern is present. A true value suggests that the pattern is identified, which may indicate a potential trading opportunity.

Parameters

The following parameters are required to use the CDLSHORTLINE worker:

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

Parameters Schema (JSON)

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

Note that the pattern parameter is optional and defaults to "CDLSHORTLINE" if not provided.