Belt Hold Line Bear

This is a long black candlestick that opens at its high.

In an uptrend this would be considered a bearish indicator. This formation is also called a black opening shaven head.

Belt Hold Line Bear

Parameters:

BarsBack BarsBack must be greater than MinBars.

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

MinBars 0(Fixed)

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