Matching Low Pattern
Matching Low is one of the commonly used candlestick patterns in quantitative trading, representing a bullish reversal pattern.
Calculation Principle
Matching Low pattern is identified by the following conditions:
- Two consecutive bearish candles
- Second day's closing price is equal to the first day's closing price
- Both candles have long lower shadows
- Pattern appears at the bottom of a downtrend
- Both candles have small 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