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cdlxsidegap3methods

CDLXSIDEGAP3METHODS​

Type: cdlxsidegap3methods • Category: indicators

Description​

Upside/Downside Gap Three Methods

Parameters​

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLXSIDEGAP3METHODS"

Help​

CDLXSIDEGAP3METHODS

Overview​

The CDLXSIDEGAP3METHODS indicator is used in financial markets to identify specific candlestick patterns, particularly the Upside/Downside Gap Three Methods pattern.

Description​

The CDLXSIDEGAP3METHODS indicator is a technical analysis tool designed to detect the Upside/Downside Gap Three Methods candlestick pattern. This pattern is a type of continuation pattern that can occur during a trend.

What does this worker do?​

This worker takes in candlestick data (open, high, low, close) and identifies whether the given data matches the Upside/Downside Gap Three Methods pattern. The worker returns a value indicating the presence or absence of the pattern.

How to interpret the results​

The worker returns a boolean value (true or false) indicating whether the Upside/Downside Gap Three Methods pattern is present in the given candlestick data. A true value indicates that the pattern is detected, while a false value indicates that the pattern is not detected.

Parameters​

The following parameters are required to use the CDLXSIDEGAP3METHODS worker:

Parameters Schema (JSON)​

{
  "open": {
    "type": "string",
    "description": "The opening price of the candlestick."
  },
  "high": {
    "type": "string",
    "description": "The highest price of the candlestick."
  },
  "low": {
    "type": "string",
    "description": "The lowest price of the candlestick."
  },
  "close": {
    "type": "string",
    "description": "The closing price of the candlestick."
  },
  "pattern": {
    "type": "string",
    "default": "CDLXSIDEGAP3METHODS",
    "description": "The name of the pattern to detect (defaults to CDLXSIDEGAP3METHODS)."
  }
}

Detailed Parameters​

  • open: The opening price of the candlestick. (string)
  • high: The highest price of the candlestick. (string)
  • low: The lowest price of the candlestick. (string)
  • close: The closing price of the candlestick. (string)
  • pattern: The name of the pattern to detect. Defaults to CDLXSIDEGAP3METHODS. (string, default: CDLXSIDEGAP3METHODS)

Example Usage​

To use the CDLXSIDEGAP3METHODS worker, provide the required parameters in the following format:

{
  "open": "10.0",
  "high": "12.0",
  "low": "9.5",
  "close": "11.5",
  "pattern": "CDLXSIDEGAP3METHODS"
}

The worker will then return a boolean value indicating whether the Upside/Downside Gap Three Methods pattern is present in the given candlestick data.