StockFetcher Forums · General Discussion · two green/two red candle set up - help needed<< >>Post Follow-up
aziam
24 posts
msg #102799
Ignore aziam
10/2/2011 5:12:11 PM

I'm trying to create a filter for this pattern - there may or may not be a candlestick definition, but its simular to an engulfing pattern.
To wit;
First candle closes above the open
Following candle opens below the first candle open and closes above the first candle close.
Neither the high nor low of the second candle needs to exceed the previous candle.

Also, I want to search for the same set up for the reverse scenario - ie second candle opens and closes above and below
the previous candle.

TIA

Marc

four
5,087 posts
msg #102800
Ignore four
modified
10/2/2011 5:26:17 PM

First candle closes above the open

close 1 day ago > open 1 day ago

Following candle opens below the first candle open and closes above the first candle close.

open < open 1 day ago
close > close 1 day ago


Fetcher[
close 1 day ago > open 1 day ago
open < open 1 day ago
close > close 1 day ago
]



aziam
24 posts
msg #102801
Ignore aziam
10/2/2011 5:56:16 PM

Wow, that was quick n easy.

Muchas gracias

ramtrader
6 posts
msg #102834
Ignore ramtrader
10/5/2011 11:31:38 PM

Including the condition Neither the high nor low of the second candle needs to exceed the previous candle.
High < High 1 day ago
Low > Low 1 day ago


Fetcher[
close 1 day ago > open 1 day ago
open < open 1 day ago
close > close 1 day ago
High < High 1 day ago
Low > Low 1 day ago
]



StockFetcher Forums · General Discussion · two green/two red candle set up - help needed<< >>Post Follow-up

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