Kairos™

Rising 3 Method

This formation consists of five candlesticks.

The first candlestick is long and white, it is followed by three small black bodies each of which closes lower than the prior one. All of the small black bodies hold within the range of the first white candlestick. The final candlestick is a long white body that closes at a new high.In an uptrend this a bullish continuation pattern showing that the bears tried to stop the uptrend but were unsuccessful.

Rising 3 Method

Parameters:

BarsBack BarsBack must be greater than MinBars.

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

MinBars 4(Fixed)

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