Kicking By Length Pattern
Kicking By Length is one of the commonly used candlestick patterns in quantitative trading, representing a bullish/bearish reversal pattern.
Calculation Principle
Kicking By Length pattern is identified by the following conditions:
- First day: A long bearish/bullish candle
- Second day: A long bullish/bearish candle
- There is a gap between the two candles
- The body length of the second candle is greater than the first
- The open and close of each candle are at the ends of their respective bodies
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
- Use in combination with other technical indicators
- Pay attention to the overall market trend
- Monitor volume confirmation
- Set reasonable stop-loss levels
- 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