Description Usage Arguments Details Value Note Author(s) References See Also Examples
Look for bullish/bearish Kicking Candlestick Patterns in a OHLC price series
1 | CSPKicking(TS, ignoreShadows=TRUE, n=20, threshold=1, ATRFactor=1, maxshadowCL=.1)
|
TS |
xts Time Series containing OHLC prices |
ignoreShadows |
if TRUE, only Open and Close Price are evaluated. Hi and Low are ignored. |
n |
number of preceding candles to calculate median candle length or average True Range |
threshold |
minimum candle length in relation to the median candle length of |
ATRFactor |
minimum size of candle body compared to the ATR |
maxshadowCL |
maximum tolerated upper and lower shadow to candle length ratio |
Number of candle lines: 2
Bullish Kicking Pattern:
The Bullish Kicking Pattern is a White Marubozu following a Black Marubozu. After the Black Marubozu, market gaps higher on the opening and it opens with a gap above the prior session's opening thus forming a White Marubozu. This pattern is filtered with the option ignoreShadows=FALSE
, and occurs very scarcely. When ignoreShadows=FALSE, the parameters n
, ATRFactor
, maxshadowCL
are relevant to fine tune the filter rules.
A less strict filter rule is when ignoreShadows=TRUE
. In this case, the pattern is detected when a long black candle body follows a long white candle body, and the open of the first candle is lower than the open of the second candle. When ignoreShadows=TRUE, the parameters n
and threshold
are relevant to fine tune the filter rules.
Bearish Kicking Pattern:
Opposite of Bullish Kicking Pattern.
A xts object containing the columns:
Bull.Kicking |
TRUE if Bullish Kicking pattern detected |
Bear.Kicking |
TRUE if Bearish Kicking pattern detected |
Unlike most other candlestick patterns, the previous market direction is not important for this pattern.
Andreas Voellenklee
The following site(s) were used to code/document this indicator:
http://www.candlesticker.com/Bullish.asp
http://www.candlesticker.com/Bearish.asp
CSPLongCandleBody
CSPMarubozu
CSPGap
1 2 3 4 5 6 7 8 9 10 11 | ## Not run:
getSymbols('YHOO',adjust=TRUE)
# look for Kicking Pattern right out of the textbook
# they occur only once in a blue moon
CSPKicking(YHOO, ignoreShadows=FALSE, maxshadowCL=0)
# use less strict filter rules
CSPKicking(YHOO)
## End(Not run)
|
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.