C_MarubozuBlackOpening (Function)

Disclaimer

The C_MarubozuBlackOpening series function identifies an occurrence of a Black Opening Marubozu candlestick pattern.

Syntax

C_MarubozuBlackOpening(BodyAvgLength, ShadowPercent)

Returns (Boolean)

True when a Black Opening Marubozu pattern is found. Otherwise, returns False if the pattern is not identified.      

Parameters

Name	Type	Description
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.

Reference

Gregory L. Morris, CandlePower. Probus Publishing Company, 1992.