C_3WhSolds_3BlkCrows (Function)

Disclaimer

The C_3WhSolds_3BlkCrows function identifies occurrences of 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.

Syntax

C_3WhSolds_3BlkCrows(Length, Percent, o3WhiteSoldiers, o3BlackCrows)

Returns (Integer)

Each pattern is represented by an output parameter (o3WhiteSoldiers or o3BlackCrows) that returns a positive one (1) when the matching candlestick pattern is found on the current bar or returns a zero (0) if the pattern is not found.  The C_3WhSolds_3BlkCrows function itself returns a value of 1.   

Parameters

Name	Type	Description
Length	Numeric	Length used to calculate the average body.
Percent	Numeric	Threshold proximity percent of the close to the high or low.
o3WhiteSoldiers	Numeric	Output variable returns a 1 if the Three Advancing White Soldiers candlestick pattern exists on the current bar, or 0 if the pattern does not exist.
o3BlackCrows	Numeric	Output variable returns a 1 if the Three Black Crows candlestick pattern exists on the current bar, or 0 if the pattern does not exist.

Example

Plots a ShowMe on the Low of the current bar when a Three Advancing White Soldiers candlestick pattern is found on the current bar based on a Length of 14 and a Percent of 5:

Value1 = C_3WhSolds_3BlkCrows(14, 5, o3WhiteSoldiers, o3BlackCrows)

if o3WhiteSoldiers = 1 then

 Plot1(Low, "3WhiteSoldiers");