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CDLSTALLEDPATTERN

Type: cdlstalledpattern • Category: indicators

Description

Stalled Pattern

Parameters

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLSTALLEDPATTERN"

Help

CDLSTALLEDPATTERN

Description

The CDLSTALLEDPATTERN is an indicator worker used in financial analysis to identify a Stalled Pattern. This pattern is a candlestick pattern that indicates a potential pause or stalling in the market.

What does this worker do?

The CDLSTALLEDPATTERN worker analyzes the given price data and identifies the Stalled Pattern. The worker takes the following parameters:

  • dataExp: prices data
  • open: opening prices
  • high: highest prices
  • low: lowest prices
  • close: closing prices
  • pattern: the Stalled Pattern to be identified

How to interpret the results

The CDLSTALLEDPATTERN worker returns a value indicating the presence of the Stalled Pattern. A positive value indicates that the pattern is present, while a negative value or zero indicates that it is not.

About the Stalled Pattern

The Stalled Pattern is a candlestick pattern that consists of three consecutive candles with similar or identical closing prices. This pattern indicates a potential pause or stalling in the market, where buyers and sellers are in equilibrium. The pattern can be either bullish or bearish, depending on the context in which it appears.

Using the CDLSTALLEDPATTERN worker

To use the CDLSTALLEDPATTERN worker, simply pass in the required parameters, including the price data and the pattern to be identified. The worker will then return a value indicating the presence of the Stalled Pattern.

Example usage

// Example code to use the CDLSTALLEDPATTERN worker
worker = new CDLSTALLEDPATTERN(dataExp, open, high, low, close, pattern);
result = worker.calculate();

Visualizing the CDLSTALLEDPATTERN

For a better understanding of how to use the CDLSTALLEDPATTERN worker, refer to 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)

These GIFs demonstrate how to apply the CDLSTALLEDPATTERN worker to price data and interpret the results.