Rules: 1. The first candlestick is a long red candlestick. 2. The second candlestick is a short green candlestick which doesn't close above the open of the first candlestick. 3. The third candlestick is a short green candlestick or short red candlestick which doesn't close above the open of the first candlestick. 4. The fourth candlestick is a short green candlestick which doesn't close above the open of the first candlestick. 5. The fifth candlestick is a red candlestick which opens near the close of the fourth candlestick but closes below the close 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, 5) ' Get the closing prices of the symbol, indexed by bar index. Define close() As Number = BarClose(_symbolIndex, barIndex, 5) ' Check whether the first candlestick matches. If (open(4) > close(4) And _ (-100 * (close(4) - open(4)) / open(4) > _minCandleSize)) Then ' Check whether the second candlestick matches. If (open(3) < close(3) And _ close(3) < open(4) And _ close(4) < close(3)) Then ' Check whether the third candlestick matches. If (open(2) < close(2) And close(2) < open(4) And close(3) < close(2)) Or _ (open(2) > close(2) And open(2) < open(4) And close(3) < open(2)) Then ' Check whether the fourth candlestick matches. If (open(1) < close(1) And _ close(1) < open(4) And _ MathMax(close(2), open(2)) < close(1)) Then ' Check whether the fifth candlestick matches. If (open(0) > close(0) And _ close(0) < close(4) And _ (-100 * (close(0) - open(0)) / open(0) > _minCandleSize)) Then Return 5 End If End If End If End If End If Return 0