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
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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
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aziam 24 posts msg #102801 - Ignore aziam |
10/2/2011 5:56:16 PM
Wow, that was quick n easy.
Muchas gracias
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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
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