Bearish Stick Sandwich                Bullish Stick Sandwich

Bearish Stick Sandwich Identification

1.  The first candle is black. It is confirmed when it is part of an established down trend.
2.  The second candle is white.
3.  The third candle is black and closes at the same rate as the first candle's close.

Bullish Stick Sandwich Identification

1.  The first candle is white. It is confirmed when it is part of an established up trend.
2.  The second candle is black.
3.  The third candle is white and closes at the same rate as the first candle's close.

Buy Signals

A buy signal is created when a Bullish Stick Sandwich candlestick pattern is formed and the next candle's close is higher than the close of the third candle in the Stick Sandwich.

Sell Signals

A sell signal is created when a Bearish Stick Sandwich candlestick pattern is formed and the next candle's close is lower than the close of the third candle in the Stick Sandwich.

Candlestick Colors

The traditional candlestick colors of White = "Up" and Black = "Down" are used.

Candlestick Pattern Recognition

This robot was created using the FxCandles Library included with FxSpyder's Autotrading Object Model. The Object Model is explained in detail with complete references in FxSpyder's Help Section from within the trading application, script editor and backtester.

Customization

This robot is available for customization via Help Desk requests.

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