C_ThreeMethods (Function)

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The C_ThreeMethods series function identifies occurrences of two Japanese candlestick patterns; Rising Three Methods or Falling Three Methods candlestick patterns.

Syntax

C_ThreeMethods(Price, Length)

Returns (Integer)

Returns a positive one (1) when a Rising Three Methods pattern is found or returns a negative one (-1) when a Falling Three Methods pattern is found. Otherwise, returns 0 if no Three Methods pattern is identified.

Parameters

Name	Type	Description
Price	NumericSeries	Price used to calculate the EMA and determine trend.
Length	Numeric	Length used to calculate the EMA and determine trend.

Reference

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