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CDLTAKURI

Type: cdltakuri • Category: indicators

Description

Takuri (Dragonfly Doji with very long lower shadow)

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLTAKURI"

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CDLTAKURI

Takuri (Dragonfly Doji with very long lower shadow)

Description

The CDLTAKURI indicator is a candlestick pattern recognition indicator used in financial markets. It specifically identifies the Takuri pattern, also known as the Dragonfly Doji with a very long lower shadow. This pattern is characterized by a small body at the top of the candle with a very long lower shadow, indicating a potential bullish reversal.

What does this worker do?

This worker takes in candlestick data (open, high, low, close prices) and identifies whether the given pattern matches the Takuri (Dragonfly Doji with very long lower shadow) pattern. It returns a result indicating the presence and type of the pattern.

How to interpret the results

The result of this worker will indicate whether a Takuri pattern has been identified in the given candlestick data. A positive result suggests a potential bullish reversal, indicating that the market may be poised for an upward movement. However, as with any technical analysis tool, it is essential to consider the result in the context of the overall market conditions and other indicators.

Parameters

The following parameters are required to use the CDLTAKURI worker:

ParameterTypeDescriptionDefault Value
openstringThe opening price of the candlestick.-
highstringThe highest price of the candlestick.-
lowstringThe lowest price of the candlestick.-
closestringThe closing price of the candlestick.-
patternstringThe pattern to be identified. In this case, it should be set to "CDLTAKURI".CDLTAKURI

Example JSON Schema:

{
"open": {
"type": "string"
},
"high": {
"type": "string"
},
"low": {
"type": "string"
},
"close": {
"type": "string"
},
"pattern": {
"type": "string",
"default": "CDLTAKURI"
}
}

Example Usage: To use this worker, provide the required parameters in the following format:

{
"open": "10.0",
"high": "12.0",
"low": "8.0",
"close": "11.0",
"pattern": "CDLTAKURI"
}