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Dark Cloud Cover

Dark Cloud Cover is a bearish reversal pattern where a long white/green candle is followed by a black/red candle that opens above the white/green candle’s high and closes within its body.

Method

tm.ta.cdldarkcloudcover(source_open, source_high, source_low, source_close, penetration)

Inputs

ParameterArgument typeDescriptionDefault Value
source_openpd.SeriesOpen prices series-
source_highpd.SeriesHigh prices series-
source_lowpd.SeriesLow prices series-
source_closepd.SeriesClose prices series-
penetrationfloatPenetration factor for the indicator0

Outputs

OutputType
cdldarkcloudcovernp.ndarray

Example usage

strategy.py
import tradomate as tm
@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):
# Trying out Dark Cloud Cover
cdldarkcloudcover = tm.ta.cdldarkcloudcover(data.open, data.high, data.low, data.close, penetration=0)
# Get the last value and print
last_value = cdldarkcloudcover.iloc[-1]
tm.log(f"Last value of Dark Cloud Cover is {last_value}")
# Plot the values of cdldarkcloudcover
tm.plot(cdldarkcloudcover, title="Dark Cloud Cover", overlay=False)