Modified Hikkake Pattern (CDLHIKKAKEMOD)

Summary

A four-candle pattern: two successively narrower inside bars, then a breakout bar, with the second candle closing near one extreme of its range. Bullish or bearish reversal signal. Bullish (+) or bearish (-) reversal; per the code's note it is significant in a downtrend (bull) or uptrend (bear), context the code does not verify.

Notes

• Does not verify the prior trend (downtrend for bullish, uptrend for bearish) that this reversal pattern assumes.

Inputs

• inOpen — Open price of each bar
• inHigh — High price of each bar
• inLow — Low price of each bar
• inClose — Close price of each bar

Outputs

• outInteger — +100 bullish hikkake bar, -100 bearish; +200 confirmed bullish, -200 confirmed bearish (confirmation adds another +/-100); 0 otherwise

Output Values

Value	Meaning
-200	Bearish Modified Hikkake confirmed — price breaks down through the setup's low within 3 bars, confirming the reversal lower
-100	Bearish Modified Hikkake — a false upside breakout traps buyers, warning that the uptrend may be topping out
0	No pattern, and no trap awaiting confirmation
100	Bullish Modified Hikkake — a false downside breakout traps sellers, warning that the downtrend may be bottoming out
200	Bullish Modified Hikkake confirmed — price breaks up through the setup's high within 3 bars, confirming the reversal higher

Properties

Numerical Stability: Start-Independent

☐ Overlap Input
✅ Independent Y-Axis i
✅ Candlestick i
☐ Can Output NaN or ±Inf
☐ Identity at Period 1

Implementation

TA-Lib Definition: cdlhikkakemod.c · cdlhikkakemod.yaml

Native	File
C	ta_CDLHIKKAKEMOD.c
Rust	cdlhikkakemod.rs
Java	Core_CDLHIKKAKEMOD.java

TA-Lib is also available for Python, R and more using a wrapper.

Aliases

Modified Hikkake, Modified Hikkake Pattern

See Also

CDLHIKKAKE