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CDLTASUKIGAP

Type: cdltasukigap • Category: indicators

Description​

Tasuki Gap

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
openstringselect the column with opening pricesno
highstringselect the column with highest pricesno
lowstringselect the column with lowest pricesno
closestringselect the column with closing pricesno
patternhiddenno"CDLTASUKIGAP"

Help​

CDLTASUKIGAP

Description​

The CDLTASUKIGAP indicator is a worker used in financial analysis to identify the Tasuki Gap pattern. This pattern is a type of candlestick pattern that can indicate a potential continuation or reversal of a trend.

What does this worker do?​

The CDLTASUKIGAP worker takes in a dataset of price data and identifies the Tasuki Gap pattern. The Tasuki Gap pattern consists of three consecutive candlesticks:

  1. A long candlestick with a gap up or down
  2. A small-bodied candlestick that gaps away from the first candlestick
  3. A long candlestick that closes on the side of the gap

The worker uses the following parameters to identify the pattern:

  • dataExp: The price data
  • open: The column with opening prices
  • high: The column with highest prices
  • low: The column with lowest prices
  • close: The column with closing prices
  • pattern: No description

How to interpret the results​

The CDLTASUKIGAP indicator can be used to identify potential trading opportunities. Here are some general guidelines for interpreting the results:

  • A bullish Tasuki Gap pattern (i.e., a gap up followed by a small-bodied candlestick and then a long candlestick that closes above the gap) can indicate a potential continuation of an uptrend.
  • A bearish Tasuki Gap pattern (i.e., a gap down followed by a small-bodied candlestick and then a long candlestick that closes below the gap) can indicate a potential continuation of a downtrend.

Usage​

To use the CDLTASUKIGAP indicator, simply pass in your price data and select the columns for opening, high, low, and closing prices.

Example​

CDLTASUKIGAP(dataExp=price_data, open='open', high='high', low='low', close='close')

Visualizing the Indicator​

The following images demonstrate how to use the CDLTASUKIGAP indicator:

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)

Additional Information​

The Tasuki Gap pattern is a relatively rare pattern, but it can be a powerful indicator of trend continuation or reversal. It is essential to use this indicator in conjunction with other forms of technical and fundamental analysis to confirm trading decisions.