C_MarubozWhiteOpening (Function)

Disclaimer

The C_MarubozWhiteOpening series function identifies an occurrence of a White Opening Marubozu Japanese candlestick pattern.

Syntax

C_MarubozWhiteOpening(BodyAvgLength, ShadowPercent)

Returns (Boolean)

True when a White 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.