CDLTAKURI
Type:
cdltakuri• Category:indicators
Description
Takuri (Dragonfly Doji with very long lower shadow)
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | prices data | no | |
open | string | no | ||
high | string | no | ||
low | string | no | ||
close | string | no | ||
pattern | string | no | "CDLTAKURI" |
Help
CDLTAKURI
Takuri (Dragonfly Doji with very long lower shadow)
Description
The CDLTAKURI indicator, also known as Takuri or Dragonfly Doji with a very long lower shadow, is a candlestick pattern used in financial analysis. It is characterized by a small body at the top of the candlestick with a very long lower shadow, indicating a potential bullish reversal.
What does this worker do?
The CDLTAKURI worker identifies the Takuri pattern in a given price data set. It analyzes the candlestick patterns and returns a signal when the pattern is detected.
How to interpret the results
When the CDLTAKURI indicator returns a signal, it indicates a potential bullish reversal. This means that the market price may be expected to increase after a period of decline. However, as with any technical indicator, it should be used in conjunction with other forms of analysis and not relied upon exclusively.
Usage
To use the CDLTAKURI indicator, simply pass in the required parameters:
dataExp: prices dataopen: opening priceshigh: highest priceslow: lowest pricesclose: closing pricespattern: the Takuri pattern to be identified
Example
An example of how to use the CDLTAKURI indicator is shown in the following GIF:
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)
A shorter version of the GIF is also available:
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)
Additional Information
The Takuri pattern is a type of candlestick pattern that is used to identify potential reversals in the market. It is characterized by a small body at the top of the candlestick with a very long lower shadow, indicating a potential bullish reversal. The pattern is considered to be more significant when it appears at the bottom of a downtrend.
Parameters
The following parameters are required:
dataExp: prices dataopen: opening priceshigh: highest priceslow: lowest pricesclose: closing pricespattern: the Takuri pattern to be identified
Note: This documentation is for informational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making any investment decisions.