Identical Three Crows Pattern

Identical Three Crows is one of the commonly used candlestick patterns in quantitative trading, representing a bearish reversal pattern.

Calculation Principle

Identical Three Crows pattern is identified by the following conditions:

1. First day: A long bearish candle
2. Second day: A long bearish candle with open near the previous close
3. Third day: A long bearish candle with open near the previous close
4. All three candles have similar body lengths
5. All three candles close near their respective lows

Parameter Description

• Input Parameters:
  • Open: Opening price
  • High: Highest price
  • Low: Lowest price
  • Close: Closing price
• Parameters:
  • penetration: Body penetration ratio (default: 0)

Usage Recommendations

1. Use in combination with other technical indicators
2. Pay attention to the overall market trend
3. Monitor volume confirmation
4. Set reasonable stop-loss levels
5. Watch for false breakouts

Notes

• Ensure data quality
• Pay attention to pattern completeness
• Consider market environment
• Watch for false signals
• Combine with fundamental analysis
• Pay attention to risk control
• Regularly evaluate strategy effectiveness
• Optimize parameters