Three black crows

three_black_crowspatternsForge API 1

Three falling bars, each opening inside the last body.

Inputs

NameTypeDefaultRange
wick_pctfloat200 to 100

Outputs

NameTypeRequiredDescription
three_black_crowseventOptionalcolor_down theme.down, color_up theme.up, shape diamond, style marker, where above_bar
Warm-up
2 bars (2 at the defaults)
Repaints
No
Parity
None

Formula

body = |close - open|, range = high - low, upper wick = high - max(open, close), lower wick = min(open, close) - low

three falling bars with each close below the one before; each of the second and third opens within the body of the bar before; each lower wick <= wick_pct / 100 * its bar's range

Found: -1

A bar whose high equals its low, or that has a missing price, is never part of a pattern. Computed on the prices the bars are drawn with: on Heikin-Ashi or Renko bars those are the built candles.