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cdlthrusting

CDLTHRUSTING​

Type: cdlthrusting • Category: indicators

Description​

Thrusting Pattern

Parameters​

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLTHRUSTING"

Help​

CDLTHRUSTING

Overview​

The CDLTHRUSTING indicator is used in financial markets to identify a specific candlestick pattern known as the Thrusting Pattern.

Description​

The Thrusting Pattern is a candlestick pattern that appears during a downtrend and indicates a potential reversal. It consists of two consecutive candles with a specific relationship between their bodies.

What does this worker do?​

This worker calculates the CDLTHRUSTING indicator for a given set of financial data, specifically open, high, low, and close prices. It identifies whether the Thrusting Pattern is present in the data.

How to interpret the results​

The worker returns a value indicating the presence or absence of the Thrusting Pattern. A positive value typically indicates that the pattern is present, suggesting a potential bullish reversal. A value of 0 or null indicates that the pattern is not present.

Parameters​

The following parameters are required to calculate the CDLTHRUSTING indicator:

Parameters Schema (JSON)​

{
  "open": {
    "type": "string",
    "description": "The open price of the financial instrument"
  },
  "high": {
    "type": "string",
    "description": "The high price of the financial instrument"
  },
  "low": {
    "type": "string",
    "description": "The low price of the financial instrument"
  },
  "close": {
    "type": "string",
    "description": "The close price of the financial instrument"
  },
  "pattern": {
    "type": "string",
    "default": "CDLTHRUSTING",
    "description": "The name of the pattern to calculate (default: CDLTHRUSTING)"
  }
}

Detailed Parameters List​

  • open: string - The open price of the financial instrument.
  • high: string - The high price of the financial instrument.
  • low: string - The low price of the financial instrument.
  • close: string - The close price of the financial instrument.
  • pattern: string (default: CDLTHRUSTING) - The name of the pattern to calculate. For this worker, the default value is CDLTHRUSTING.