CDLMATHOLD

Summary

A five-candle bullish continuation pattern: a long white candle, an upside real-body-gapped small black candle, two more small falling candles that hold within the first body, and a final white candle closing above the reaction days' highs. Signals continuation of the prior uptrend. Hit = bullish continuation of the existing uptrend.

Notes

The colors of the third and fourth (reaction) candles are not checked, although they are classically black.
The continuation reading assumes a prior uptrend, which is not verified.

Inputs

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

Outputs

outInteger — +100 when the bullish Mat Hold is detected, 0 otherwise. Never emits -100

Parameters

optInPenetration — Max fraction of the 1^st white body the reaction days (3^rd, 4^th) may penetrate; default 0.5

Implementation

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

Native	File
C	`ta_CDLMATHOLD.c`
Rust	`cdlmathold.rs`
Java	`Core.java`

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

Aliases

Mat Hold