Candlestick shape · 1 bar · ▲ bullish
Definition
The textbook label for this shape is ▲ bullish. The label describes the shape; it is not an instruction.
QuantZ does not claim this shape has predictive value. The detector reports that the bars met a definition; it says nothing about what follows.
The rule the detector applies
short up bar, not a doji; BOTH shadows ≤ shortShadowRatio × range
Thresholds are named by the option key the code reads. The values below are the ones the detector ships with, read at render from its defaults; every ratio is measured against the bar’s own range or the trailing average body, so the same numbers apply to a low-priced stock and to a high-priced coin.
- bodyAvgPeriod = 14
- dojiBodyRatio = 0.1
- shortShadowRatio = 0.1
- shortBodyRatio = 0.5
Prior trend
none · No prior trend is tested. The rule reads the shape alone.