/* * QUANTCONNECT.COM - Democratizing Finance, Empowering Individuals. * Lean Algorithmic Trading Engine v2.0. Copyright 2014 QuantConnect Corporation. * * Licensed under the Apache License, Version 2.0 (the "License"); * you may not use this file except in compliance with the License. * You may obtain a copy of the License at http://www.apache.org/licenses/LICENSE-2.0 * * Unless required by applicable law or agreed to in writing, software * distributed under the License is distributed on an "AS IS" BASIS, * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. * See the License for the specific language governing permissions and * limitations under the License. */ using QuantConnect.Data.Market; namespace QuantConnect.Indicators.CandlestickPatterns { /// /// Ladder Bottom candlestick pattern indicator /// /// /// Must have: /// - three black candlesticks with consecutively lower opens and closes /// - fourth candle: black candle with an upper shadow(it's supposed to be not very short) /// - fifth candle: white candle that opens above prior candle's body and closes above prior candle's high /// The meaning of "very short" is specified with SetCandleSettings /// The returned value is positive (+1): ladder bottom is always bullish; /// The user should consider that ladder bottom is significant when it appears in a downtrend, /// while this function does not consider it /// public class LadderBottom : CandlestickPattern { private readonly int _shadowVeryShortAveragePeriod; private decimal _shadowVeryShortPeriodTotal; /// /// Initializes a new instance of the class using the specified name. /// /// The name of this indicator public LadderBottom(string name) : base(name, CandleSettings.Get(CandleSettingType.ShadowVeryShort).AveragePeriod + 4 + 1) { _shadowVeryShortAveragePeriod = CandleSettings.Get(CandleSettingType.ShadowVeryShort).AveragePeriod; } /// /// Initializes a new instance of the class. /// public LadderBottom() : this("LADDERBOTTOM") { } /// /// Gets a flag indicating when this indicator is ready and fully initialized /// public override bool IsReady { get { return Samples >= Period; } } /// /// Computes the next value of this indicator from the given state /// /// The window of data held in this indicator /// The input given to the indicator /// A new value for this indicator protected override decimal ComputeNextValue(IReadOnlyWindow window, IBaseDataBar input) { if (!IsReady) { if (Samples >= Period - _shadowVeryShortAveragePeriod) { _shadowVeryShortPeriodTotal += GetCandleRange(CandleSettingType.ShadowVeryShort, window[1]); } return 0m; } decimal value; if ( // 3 black candlesticks GetCandleColor(window[4]) == CandleColor.Black && GetCandleColor(window[3]) == CandleColor.Black && GetCandleColor(window[2]) == CandleColor.Black && // with consecutively lower opens window[4].Open > window[3].Open && window[3].Open > window[2].Open && // and closes window[4].Close > window[3].Close && window[3].Close > window[2].Close && // 4th: black with an upper shadow GetCandleColor(window[1]) == CandleColor.Black && GetUpperShadow(window[1]) > GetCandleAverage(CandleSettingType.ShadowVeryShort, _shadowVeryShortPeriodTotal, window[1]) && // 5th: white GetCandleColor(input) == CandleColor.White && // that opens above prior candle's body input.Open > window[1].Open && // and closes above prior candle's high input.Close > window[1].High ) value = 1m; else value = 0m; // add the current range and subtract the first range: this is done after the pattern recognition // when avgPeriod is not 0, that means "compare with the previous candles" (it excludes the current candle) _shadowVeryShortPeriodTotal += GetCandleRange(CandleSettingType.ShadowVeryShort, window[1]) - GetCandleRange(CandleSettingType.ShadowVeryShort, window[_shadowVeryShortAveragePeriod + 1]); return value; } /// /// Resets this indicator to its initial state /// public override void Reset() { _shadowVeryShortPeriodTotal = 0m; base.Reset(); } } }