Analysis Techniques & Strategies

image\insert_showme.gif  C_Advance Block (ShowMe)

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The C_Advance Block study identifies the Advance Block candlestick pattern (saki zumari).

Input Information

Name Default Description
Price Close Price used for moving average calculations and to determine trend.
TrendAvgLength 14 Length for calculating the moving average trend.
BodyAvgLength 10 Length used to calculate average body size and to determine long or short body.
ShadowPercent 50 Percent multiplier (1 point = 1%) as part of pattern criteria.
UseAdvancedCriteria False True to use advance filter criteria for pattern identification.
PlotPrice Low Price for positioning the pattern marker.
ColorCellBGOnAlert True Change cell background color when true, otherwise false.
BackgroundColorAlertCell DarkGray Color of cell background to use if above value is True.

Plots

In a chart, plots "AdvBlock" marker at PlotPrice when a Advance Block pattern is detected on a bar.

In a grid, plots the number of bars since the pattern was detected.