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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.