OPEN-SOURCE SCRIPT

Dark Cloud Cover Pattern Trading Setup

Aktualisiert
this study is another script based on the candlestick pattern. there are a few filters implemented to be applied to the output result to clear out noises. it sounds like finding real Dark Cloud Cover instances are too rare (interesting though!).

Dark Cloud Cover
it is a bearish reversal candlestick pattern where a down candle (typically bearish) opens above the close of the prior up candle (typically bullish) and then closes below the midpoint of the up candle. The five criteria for the Dark Cloud Cover pattern are:
  • An existing bullish uptrend.
  • An up (bullish) candle within that uptrend.
  • A gap up on the following day.
  • The gap up turns into a down (bearish) candle.
  • The bearish candle closes below the midpoint of the previous bullish candle.

all these criteria are implemented in code to produce a more accurate result.

please provide me with your valuable comments,
thanks for your attention,
Versionshinweise
Snapshot

a nice reversal point has been spotted by the Dark Cloud Cover trading system
Versionshinweise
some minor code formatting corrections as well as making the code compliant with trading-view rules
Versionshinweise
some minor code formatting corrections
candleformationCandlestick AnalysisCandlestick analysiscandlestickpatterncandlesticksignalsCryptocurrencydarkcloudcoverdataanalysisstudy

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


© Ehsan Haghpanah (crumus.com)
Auch am:

Haftungsausschluss