method that can read candlestick patterns?

Created at 19 May 2015, 05:26
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Shawn_Mapilot

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Joined 30.04.2015

method that can read candlestick patterns?
19 May 2015, 05:26

does calgo offer a method that can read candlestick patterns? I was thinking like creating a method that looks at the high ontick or onbar then if the close is like 5-10x lower than the high of that candle then that would signal a bearish candle. thanks to anyone that can help :)

@Shawn_Mapilot
Replies

Spotware
16 Jun 2015, 17:12

Dear Trader,

cAlgo does not offer such method. Maybe a user already implemented what you are searching for in an Indicator/cBot and uploaded it in our Website. You can search for an indicator or cBot that contains a similar method that suits you. You can also contact one of our Partners to create you the method or post a job in Development Jobs section.

@Spotware

olddirtypipster
31 Mar 2016, 19:29

You need to employ neural networks for pattern recognition. I have built such a system and will be going public with this soon. Stay tuned.

@olddirtypipster

solark
01 Apr 2016, 00:47

RE:

"if the close is like 5-10x lower than the high" 5-10x in relation to what? Don't you basically just want

(MarketSeries.High.Last(1) - MarketSeries.Close.Last(1)) / someThing > 5.0

then last bar is a 'bearish' candle? Or were you thinking of something else?

@solark
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