Strategies/Candlestick/Parameters

Candlestick Parameters

Each row below shows a parameter the Candlestick strategy actually uses, its current value, and a one-line plain-English definition of what it controls. Values are pulled live from the strategy's source code, so this page always reflects the algorithm as it runs today.

  • Hammer Body Ratio
    1 / 5

    Candle body must be smaller than this fraction of the bar's high-to-low range to count as a hammer.

  • Lower Tail Multiple
    2x

    The lower wick must be at least this many times the length of the candle body.

  • Pattern Lookback
    3 bars

    A qualifying hammer must occur within this many recent bars to arm an entry.

  • MA Ratio Cap
    1.15

    Entries are blocked when the 50-bar average rises above this multiple of the 200-bar average (over-extended).

  • MA Extension Factor
    10%

    How far price must stretch above its moving average to flag an exhausted top.

  • Up-Volume Threshold
    50%

    Up-volume must reach this share of average volume to confirm buying participation.

  • Range Lookback
    20 bars

    Window used to measure where the prospective entry sits within the recent price range.

  • Max Entry Percentile
    65%

    Entry is rejected if it lands above this percentile of the range (too close to the top).

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