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CDLIDENTICAL3CROWS

Type: cdlidentical3crows • Category: indicators

Description​

Identical Three Crows

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLIDENTICAL3CROWS"

Help​

CDLIDENTICAL3CROWS

Description​

The CDLIDENTICAL3CROWS indicator is a bearish reversal pattern used in financial analysis. It is characterized by three consecutive long black candles with no lower shadows and a closing price at or near the lows.

What does this worker do?​

This worker identifies the Identical Three Crows pattern in a given price data. It analyzes the open, high, low, and close prices to determine if the conditions for this pattern are met.

How to interpret the results​

When the CDLIDENTICAL3CROWS indicator is detected, it can be a sign of a potential bearish reversal in the market. This means that the price of the asset may be expected to decline.

Parameters​

The following parameters can be used to configure the CDLIDENTICAL3CROWS worker:

  • dataExp: The price data to analyze.
  • open: The open price of the asset.
  • high: The high price of the asset.
  • low: The low price of the asset.
  • close: The close price of the asset.
  • pattern: The Identical Three Crows pattern to detect.

Usage​

To use the CDLIDENTICAL3CROWS worker, simply pass in the required price data and configure the parameters as needed. The worker will then analyze the data and return a signal indicating whether the Identical Three Crows pattern has been detected.

Example​

For a visual example of how to use the CDLIDENTICAL3CROWS indicator, see the following GIFs:

Full GIF​

[![Full GIF](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)

Short GIF​

[![Short GIF](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)

Knowledge about the indicator​

The Identical Three Crows pattern is a strong bearish reversal pattern that is characterized by three consecutive long black candles with no lower shadows and a closing price at or near the lows. This pattern is considered to be a reliable indicator of a potential bearish reversal in the market. It is often used by traders and investors to identify potential selling opportunities.