Description
Kicking is a trend reversal candlestick pattern consisting of two candles. Depending on their collocation, a bullish or a bearish trend reversal can be predicted.
The bearish Kicking pattern is recognized if:
-
The first candle is bullish and misses both upper and lower shadows;
-
The second candle is bearish, misses both shadows and gaps down from the first candle.
The bullish Kicking pattern is recognized if:
-
The first candle is bearish and misses both upper and lower shadows;
-
The second candle is bullish, misses both shadows and gaps up from the first candle.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of candles used to calculate the average body height. If the shadow length of a candle is less than 5% of this average, it is considered missing. |
Plots
| Plot | Description |
|---|---|
Bearish
|
The bearish Kicking candlestick pattern. |
Bullish
|
The bullish Kicking candlestick pattern. |
For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.