Three Outside Up/Down

Three Outside Up is a bullish reversal pattern, while Three Outside Down is bearish. It occurs when the current candle engulfs the previous one.

Method

tm.ta.cdl3outside(source_open, source_high, source_low, source_close)

Inputs

Parameter	Argument type	Description	Default Value
source_open	pd.Series	Open prices series	-
source_high	pd.Series	High prices series	-
source_low	pd.Series	Low prices series	-
source_close	pd.Series	Close prices series	-

Outputs

Output	Type
cdl3outside	np.ndarray

Example usage

strategy.py

import tradomate as tm

@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):

    # Trying out Three Outside Up/Down
    cdl3outside = tm.ta.cdl3outside(data.open, data.high, data.low, data.close)

    # Get the last value and print
    last_value = cdl3outside.iloc[-1]
    tm.log(f"Last value of Three Outside Up/Down is {last_value}")

    # Plot the values of cdl3outside
    tm.plot(cdl3outside, title="Three Outside Up/Down", overlay=False)