C_MeetingLines (Function)
DisclaimerThe C_MeetingLines series function identifies occurrences of two Japanese candlestick patterns; Bullish and Bearish Meeting Lines candlestick patterns.
Syntax
C_MeetingLines(Price, TrendAvgLength, BodyAvgLength, CloseEqualPercent)
Returns (Integer)
Returns a positive one (1) when a Bullish Meeting Lines pattern is found or returns a negative one (-1) when a Bearish Meeting Lines pattern is found. Otherwise, returns 0 if no Meeting Lines pattern is 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. |
| CloseEqualPercent | Numeric | Percent multiplier (1 point = 1%) used to determine if the close of the current bar and prior bar are considered equal. |
Reference
Gregory L. Morris, CandlePower. Probus Publishing Company, 1992.