Separating Line Bear

This formation consists of two candlesticks.

A white candlestick is followed by a black candlestick. Both candlesticks have the same open. When this formation appears in a downtrend it is a signal that the downtrend should continue.

Separating Line Bear

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.