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Candlestick Pattern - Trend Strength?

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    Candlestick Pattern - Trend Strength?

    Hi All,

    I'm exploring the Candlestick Pattern indicator and wondering what the Trend Strength means?

    Extract from the user guide states:
    "The number of required bars to the left and right of the swing point used to determine trend. A value of zero will exclude the requirement of a trend and only detect based on the candles themselves."

    I cant fathom this out at all, even by modifying the value and seeing the effect.

    Thanks

    #2
    Hello gaz0001,

    That specifically sets the MAX or Swing period in the CandleStickPatternLogic part of the script. That relates to the core candlestick calculation and if the MAX/Swing is used or not. If a 0 is used then the whole section of logic which uses the MAX and Swing indicator and the trend strength as the period will be omitted. This also partially relates to the pattern you are looking for so it won't make a change on most patterns. If you wanted to better understand this you could review the candlestickpattern code in the NinjaScript editor, starting at line 309.


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