Rules: 1. The first candlestick is a red candlestick. 2. The second candlestick is a red candlestick which opens in the body range of the first candlestick and closes below the first candlestick. 3. The third candlestick is a red candlestick which opens in the body range of the second candlestick and closes below the second candlestick. 4. The fourth candlestick is a green candlestick which opens at or below the close of the third candlestick and closes at or above the opening of the first candlestick. Pattern Type: Bearish Continuation.
' Assign the parameters to script variables. _symbolIndex = symbolIndex _minCandleSize = minCandleSize
' Get the opening prices of the symbol, indexed by bar index. Define open() As Number = BarOpen(_symbolIndex, barIndex, 4) ' Get the closing prices of the symbol, indexed by bar index. Define close() As Number = BarClose(_symbolIndex, barIndex, 4) ' Check whether the first candlestick matches. If (open(3) > close(3) And _ -100 * (close(3) - open(3)) / open(3) > _minCandleSize) Then ' Check whether the second candlestick matches. If (open(2) > close(2) And _ close(3) < open(2) And _ open(2) < open(3) And _ close(2) < close(3) And _ -100 * (close(2) - open(2)) / open(2) > _minCandleSize) Then ' Check whether the third candlestick matches. If (open(1) > close(1) And _ close(2) < open(1) And _ open(1) < open(2) And _ close(1) < close(2) And _ -100 * (close(1) - open(1)) / open(1) > _minCandleSize) Then If (open(0) < close(0) And _ open(0) <= close(1) And _ close(0) >= open(3)) Then Return 4 End If End If End If End If Return 0