Three White Soldiers Pattern

Three White Soldiers is one of the commonly used candlestick patterns in quantitative trading, representing a strong bullish reversal pattern.

Calculation Principle

Three White Soldiers pattern is identified by the following conditions:

1. Three consecutive bullish candles
2. Each candle's open is within the body range of the previous candle
3. Each candle's close is higher than the previous candle's close
4. Each candle has a long body
5. Pattern appears at the bottom of a downtrend

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