ITMAX System (Malaysia) Pattern Recognition Long Legged Doji

5309 Stock   3.52  0.02  0.56%   
ITMAX System pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against ITMAX System. ITMAX System value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Long Legged Doji recognition function is designed to identify and follow existing trends. ITMAX System momentum indicators are usually used to generate trading rules based on assumptions that ITMAX System trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of six valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows ITMAX System trend that describe the indecision of the buyers and sellers.

ITMAX System Technical Analysis Modules

Most technical analysis of ITMAX System help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ITMAX from various momentum indicators to cycle indicators. When you analyze ITMAX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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