StickSandwich

Description

Stick Sandwich is a bullish trend reversal candlestick pattern consisting of three candles.

The Stick Sandwich candlestick pattern is recognized if:

  • The first candle is bearish and continues the downtrend;

  • The second candle is bullish and its Open price is higher than the first candle's Close price;

  • The third candle is bearish again and its Close price is equal to that of the first candle.

Input Parameters

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

Plots

Plot Description
Bullish The Stick Sandwich 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.