Table of Contents

Class HikkakeModified

Namespace
FinanceSharp.Indicators.CandlestickPatterns
Assembly
FinanceSharp.dll

Hikkake Modified candlestick pattern

public class HikkakeModified : CandlestickPattern, IIndicator, IUpdatable
Inheritance
HikkakeModified
Implements
Inherited Members
Extension Methods

Remarks

 Must have:
  • first candle
  • second candle: candle with range less than first candle and close near the bottom(near the top)
  • third candle: lower high and higher low than 2nd
  • fourth candle: lower high and lower low(higher high and higher low) than 3rd The returned value for the hikkake bar is positive(+1) or negative(-1) meaning bullish or bearish hikkake Confirmation could come in the next 3 days with:
  • a day that closes higher than the high(lower than the low) of the 3rd candle The returned value for the confirmation bar is equal to 1 + the bullish hikkake result or -1 - the bearish hikkake result Note: if confirmation and a new hikkake come at the same bar, only the new hikkake is reported(the new hikkake overwrites the confirmation of the old hikkake); The user should consider that modified hikkake is a reversal pattern, while hikkake could be both a reversal or a continuation pattern, so bullish(bearish) modified hikkake is significant when appearing in a downtrend(uptrend)

Constructors

HikkakeModified()

Initializes a new instance of the HikkakeModified class.

public HikkakeModified()

HikkakeModified(string)

Initializes a new instance of the HikkakeModified class using the specified name.

public HikkakeModified(string name)

Parameters

name string

The name of this indicator

Properties

IsReady

Gets a flag indicating when this indicator is ready and fully initialized

public override bool IsReady { get; }

Property Value

bool

Methods

Forward(IReadOnlyWindow<long>, IReadOnlyWindow<DoubleArray>, long, DoubleArray)

Computes the next value of this indicator from the given state

protected override DoubleArray Forward(IReadOnlyWindow<long> timeWindow, IReadOnlyWindow<DoubleArray> window, long time, DoubleArray input)

Parameters

timeWindow IReadOnlyWindow<long>
window IReadOnlyWindow<DoubleArray>

The window of data held in this indicator

time long
input DoubleArray

Returns

DoubleArray

A new value for this indicator

Reset()

Resets this indicator to its initial state

public override void Reset()