Description
Identical Three Crows is a bearish trend reversal candlestick pattern consisting of three candles.
The Identical Three Crows candlestick pattern is recognized if:
-
All the three candles are long and bearish and appear after the uptrend;
-
Each candle has the Close price lower than that of the previous one;
-
Each candle opens at the previous candle's Close price.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long. |
trend setup
|
The number of preceding candles to check if the trend exists. |
Plots
| Plot | Description |
|---|---|
Bearish
|
The Identical Three Crows 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.