ThreeBlackCrows

Description

Three Black Crows is a bearish trend reversal candlestick pattern consisting of three candles.

The Three Black Crows candlestick pattern is recognized if:

  • Appearing after the uptrend, all the three candles are long and bearish;

  • Each candle's Open price is within the previous candle's body;

  • Each candle's Close price is lower than that of the previous candle.

Input Parameters

Parameter Description
length The number of candles used to calculate the average body height. If the candle length exceeds this average, it is considered long.
trend setup The number of preceding candles to check if the trend exists.

Plots

Plot Description
Bearish The Three Black Crows candlestick pattern.


For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.