Rising/Falling Three Methods

Rising/Falling Three Methods is a five-candle continuation pattern. Rising three methods occurs in an uptrend and whose conclusion sees a resumption of that trend while Falling three method signals an interruption, but not a reversal, of the current downtrend

Method

tm.ta.cdlrisefall3methods(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
cdlrisefall3methods	np.ndarray

Example usage

strategy.py

import tradomate as tm

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

    # Trying out
    cdlrisefall3methods = tm.ta.cdlrisefall3methods(data.open, data.high, data.low, data.close)

    # Get the last value and print
    last_value = cdlrisefall3methods.iloc[-1]
    tm.log(f"Last value of  is {last_value}")

    # Plot the values of cdlrisefall3methods
    tm.plot(cdlrisefall3methods, title="", overlay=False)