Analysis Techniques & Strategies

image\insert_showme.gif  C_Meeting Lines (ShowMe)

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The C_Meeting Lines study identifies the Bullish and Bearish Meeting Lines candlestick patterns ((deai sen or gyakushu sen).

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.
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.

Plots

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.