Analysis Techniques & Strategies
The C_Meeting Lines study identifies the Bullish and Bearish Meeting Lines candlestick patterns ((deai sen or gyakushu sen).
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. |
CloseEqualPercent | 5 | Percentage used to determine if the closing
prices of the current bar and prior bar are considered equal. (1 point = 1%) |
BearishPlotPrice | Low | Price for positioning the bearish pattern marker. |
BullishPlotPrice | High | Price for positioning the bullish 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. |
In a chart, plots "MLBull" marker at BullishPlotPrice when a Bullish Meeting Lines pattern is detected on a bar.
In a chart, plots "MLBear" marker at BearishPlotPrice when a Bearish Meeting Lines pattern is detected on a bar.
In a grid, plots the number of bars since each pattern was detected.