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Cdl3outside 1


Function - CDL3OUTSIDE
CDL3OUTSIDE
 Three Outside Up/Down

Candlestick Pattern

SYNTAX Cdl3outside( ARRAY open, ARRAY high, ARRAY low, ARRAY close)
RETURNS NUMERIC ARRAY
DESCRIPTION Three Outside Up/Down : This function is contained within the Pattern Recognition set of indicators.
ADDITIONAL INFO Three Outside Down
Signal: Bearish
Pattern: reversal
Reliability: high
Identification
A bearish Engulfing pattern is followed by a black day whose close is lower than the second day.
Three Outside Up
Signal: Bullish
Pattern: reversal
Reliability: high
Identification
A bullish Engulfing pattern is followed by a white day whose close is higher than the second day.
EXAMPLE Cdl3outside(open, high, low, close)



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