C_3WhSolds_3BlkCrows (ShowMe)Analysis Techniques & Strategies
C_3WhSolds_3BlkCrows (ShowMe)
Three Advancing White Soldiers
C_3WhSolds_3BlkCrows displays a ShowMe for two Japanese candlestick patterns; Three Advancing White Soldiers and Three Black Crows.
Three Advancing White Soldiers is defined as:
Three advancing consecutive green candles
The three lines should close at, or near, their highs.
Opening of the second and third candle should be inside the body of the previous candle.
Three Black Crows is defined as:
Three declining consecutive red candles
The three lines should close at, or near, their lows.
Opening of the second and third candle should be inside the body of the previous candle.
| Name | Default | Description |
| Length | 14 | Length used to calculate the average body |
| Percent | 5 | Threshold proximity percent of the close to the high or low |
Three Advancing White Soldiers may be considered a bullish correction pattern, however by the time you get the signal most of the correction may be over.
Three Black Crows may be considered a bearish correction pattern, however by the time you get the signal most of the correction may be over.
The position of the bar prior to the first bar of either pattern may also be relevant.
Three Advancing White Soldiers plots on the High when true for the current bar.
Three Black Crows plots on the Low when true for the current bar.
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