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Separating Lines

Separating Lines

  

In an UpTrend, a black candlestick is followed by a white candlestick with the same opening price.

In a DownTrend, a white candlestick is followed by a black candlestick with the same opening price.

 

Recognition Criteria:

·     The opening prices of the first and second line are equal
      AND

o   UpTrend
o   First line is Black
o   Second line is White
o   OR
o   DownTrend
o   First line is White
o   Second line is Black

 

Function: SeparatingLines()

Trend: --

Type: Continuation