Advance Block

This formation consists of a series of three white candlesticks .

which show a weaking uptrend, and diminishing buying power. Each close is progressively higher while either the candlesticks' real body size decreases or the top shadows get longer.

Advance Block

Parameters:

The Abandoned BarsBack BarsBack must be greater than MinBars.

The candlestick formation will be scanned this many bars back in the timeframe.

MinBars 2(Fixed).

The value of MinBars will be one less than the number of bars in the candlestick formation.