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CdlMathold 0


Function - CDLMATHOLD
CDLMATHOLD
Mat Hold

Candlestick Pattern


SYNTAX CdlMathold( ARRAY penetration)
RETURNS NUMERIC ARRAY
DESCRIPTION Mat Hold, The pattern appears during an uptrend, which is further confirmed by the first long white candlestick.
ADDITIONAL INFO Mat Hold Bullish
Signal: Bullish
Pattern: continuation
Reliability: high
Identification
A long white day in an uptrend is followed by a relatively small black day that gaps in the direction of the trend. The next two days continue the brief pullback and are small days that stay within the range of the first day. The fifth day is a long white day that closes above the close of the first day and continues the uptrend.
EXAMPLE CdlMathold(14)



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