Hikkake candlestick pattern - Trading Software

Hikkake candlestick pattern

GS
2014-01-01 08:59:51

In QS we have two functions to identify Hikkake pattern, one using Hikkake() and another one is Hikkakemod(). What is the difference between the two? Also I have seen values like -100 and -200 for Hikkake(). Negative sign must be for bearish pattern but what does 100, and 200 signify?

Best regards.

QuantShare
2014-01-02 23:33:46

Best Answer

The "Hikkakemod" is a modified version of the Hikkake pattern.

The negative sign indicates a bearish pattern where -100 means that the pattern was detected and the -200 is for the confirmation (Price must drop below the low of the inside day). For more info, please contact support email.

Get more messages

No more messages

Back


Trading Items Candle Pattern Forecast Price Pattern Drawing Tool Enhanced Candlestick Chart with Volume Variation High to low stock pattern for the close price Chart Pattern Indicator	How-to Lessons How to display two stocks on the same chart How to plot arrows below/above candlesticks on a chart How to display the bar index of a stock on a chart How to plot a stock using different periods in the same chart How to perform a basic quantitative analysis using the S&P 500
Related Forum Threads Chart Pattern Index problem Pattern analysis on several time units Limiting the scale of a candlestick chart with volume? TO SHARE: Candlestick chart with a few interesting features Multiple occurrences of a pattern	Blog Posts Backtesting All Candlestick Patterns in 10 Minutes Example of advanced rule Backtesting chart patterns using the auto support and resistance ... Long Term Trading with Technical Analysis Adding Trading Indicators and Formulas to a Chart