Hanging Man

Hanging Man is a bearish reversal pattern with a small body and a long lower shadow, suggesting potential downward movement.

Method

tm.ta.cdlhangingman(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
cdlhangingman	np.ndarray

Example usage

strategy.py

import tradomate as tm

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

    # Trying out Hanging Man
    cdlhangingman = tm.ta.cdlhangingman(data.open, data.high, data.low, data.close)

    # Get the last value and print
    last_value = cdlhangingman.iloc[-1]
    tm.log(f"Last value of Hanging Man is {last_value}")

    # Plot the values of cdlhangingman
    tm.plot(cdlhangingman, title="Hanging Man", overlay=False)