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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

  • inPriceOHLC — OHLC price series (open, high, low, close)

Outputs

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

Implementation

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

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

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

Aliases

Modified Hikkake, Modified Hikkake Pattern

See Also

CDLHIKKAKE