I have a list of formulas for calculating candlestick patterns.
There are a few expressions that I do not know the meaning of.
Here is an example:
O1 > C1 AND 10 * (C - O) >= 7 * (H - L) AND C > O1 AND C1 > O AND 10 * (H - L) >= 12 * (AVGH10 - AVGL10)
At the very end of the formula
12 * (AVGH10 - AVGL10) what does
More specifically what does the number 10 represent?
Candles? Or is it just an arbitrary number?
If it is just a number the expression would result in a 0 since we have an average of a single number which would be the number itself, so we would end up with 12 * (10 - 10) = 0. So that can't be it.
In another example:
C1 < O1 AND H1 - L1 > AVGH21.1 - AVGL21.1 AND O1 < MINL3.3 AND C > O AND 100 * ABS(C / C1 - 1) < 1
AVGL are floating numbers.
Additionaly there is also
MINL3.3. What does
50 * ABS(O - C) <= H - L AND STOC1 >= 70 AND H - L >= AVGH10 - AVGL10 AND L = MINL10
Well the answer is partly in the documentation
AVGH10, 10 stands for the previous 10 candles.
STOC1 stands for the value of the 1st line of the Simple Stochastic oscillator
The floating numbers in expressions like AVGH20.1 remain a mystery