C_AdvanceBlock (Function)
DisclaimerThe C_AdvanceBlock series function identifies an occurrence of an Advance Block Japanese candlestick pattern.
Syntax
C_AdvanceBlock(Price, TrendAvgLength,BodyAvgLength, ShadowPercent, UseAdvancedCriteria)
Returns (Boolean)
True when an Advance Block pattern is found. Otherwise, returns False if the pattern is not identified.
Parameters
| Name | Type | Description |
| Price | NumericSeries | Price used for moving average calculations and to determine trend. |
| TrendAvgLength | Numeric | Length used for moving average calculations and to determine trend. |
| BodyAvgLength | Numeric | Length used to calculate average body size and to determine long or short body. |
| ShadowPercent | Numeric | Percent multiplier (1 point = 1%) as part of pattern criteria. |
| UseAdvancedCriteria | Numeric | True to use advance filter criteria for pattern identification. |
Reference
Gregory L. Morris, CandlePower. Probus Publishing Company, 1992.