Long White Line

A long bullish candlestick with a wide range between high and low, and prices open near the low and close near the high. (the longer the body, the more significant the price increase).

 

Recognition Criteria:

·       Closing Price is higher than the opening price

·       Body length is higher than N times of the average body length of previous M lines.

 

Function: LongWhite()

Trend: Bullish

Type: Simple