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CDLUPSIDEGAP2CROWS

Type: cdlupsidegap2crows • Category: indicators

Description​

Upside Gap Two Crows

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
patternstringno"CDLUPSIDEGAP2CROWS"

Help​

CDLUPSIDEGAP2CROWS

Description​

The CDLUPSIDEGAP2CROWS indicator is a tool used in financial analysis to identify a specific bearish reversal pattern known as the Upside Gap Two Crows.

Overview​

This indicator worker is designed to analyze price data and detect the Upside Gap Two Crows pattern, providing insights into potential market trends and reversals.

What does this worker do?​

The CDLUPSIDEGAP2CROWS worker identifies the Upside Gap Two Crows pattern, which is characterized by:

  • A gap up in price on the first day
  • A small-bodied candle on the second day, with a higher high and a lower low than the previous day
  • A third day with a long-bodied bearish candle that closes below the midpoint of the first day's body

How to interpret the results​

When the CDLUPSIDEGAP2CROWS indicator detects the Upside Gap Two Crows pattern, it may signal a potential bearish reversal in the market. Traders and analysts can use this information to adjust their investment strategies and risk management techniques.

Usage​

To use the CDLUPSIDEGAP2CROWS indicator, simply provide the required parameters:

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

Visual Guide​

For a step-by-step visual guide on how to use the CDLUPSIDEGAP2CROWS indicator, 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)

Additional Information​

The Upside Gap Two Crows pattern is a relatively rare occurrence, but it can be a powerful indicator of a potential market reversal. It is essential to consider this pattern in conjunction with other technical and fundamental analysis tools to form a comprehensive view of the market.