four
5,087 posts
msg #83587
- Ignore four
modified |
11/29/2009 12:50:03 PM
/* 5 candles */
close 1 day ago is above open 1 day ago
close 2 days ago is below open 2 days ago
close 3 days ago is below open 3 days ago
close 4 days ago is below open 4 days ago
close 5 days ago is above open 5 days ago
set{calc, open - high 1 day ago}
set{calc2, calc + high 1 day ago}
add column separator
add column calc
add column high 1 day ago
add column calc2
close > 10
Average Volume(30) > 1000000
calc between 0.11 and 0.15
/*
LONG = limit calc2
A or B: A. sell at .10 profit -OR- B. stop loss: price closes below second white candle low
bkd 8/28/09
hsp on 8/20/09, spg & nyx & abb 8/13/09 beautiful run
*/
* Solution for 3 red candles flanked by white candles is above *
===================================================
-----------------------------------------------------------------------------------------
* Original Question is below *
IS THERE A WAY TO IDENTIFY THIS PATTERN?
GREEN CANDLE, [2 OR MORE CONSECUTIVE RED CANDLES], GREEN CANDLE
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straken
469 posts
msg #83588
- Ignore straken |
11/29/2009 1:25:15 PM
Candles are relative to length of the candle as well price movement which you did not specify. Here is one of my old filters, I hope it helps you. If you would like to build your own just go into your my filter bar, and select the candlestick menu tab, and follow the instructions. From there you can build and customize your own candlestick filter per your needs and edit it with additional info such as volume, optionable, MA,MACD, etc. The one I post here is very generic.
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four
5,087 posts
msg #83590
- Ignore four |
11/29/2009 2:17:54 PM
Thanks for opening my eyes to all the different options.
-----
I think this is correct for the pattern: G,R,R,G
close is above open /*green*/
close 1 day ago is below open 1 day ago /*red*/
close 2 days ago is below open 2 days ago /*red*/
close 3 days ago is above open 3 days ago /*green*/
This requires to code a constant 2 days of R
>>> ---- Here's the question---- <<<
Is there a way to make sure the pattern occurs as: G, R,R, G
where R is variable but not less than 2 consecutive R
- 2 or more (ie 2, 3, 4, n candles)
- consecutive red candles occur
- no green candles to break the chain of red candles
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straken
469 posts
msg #83591
- Ignore straken |
11/29/2009 3:10:59 PM
Try this one....
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straken
469 posts
msg #83592
- Ignore straken |
11/29/2009 3:18:36 PM
Note Fridays candle will be a white one with the red border and can be very misleading to technical scans for the pattern. The first few stocks I Iooked at that the filter returned appeared to match your criteria.
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chetron
2,817 posts
msg #83600
- Ignore chetron |
11/29/2009 9:35:57 PM
if you really want grrg.....
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four
5,087 posts
msg #85696
- Ignore four |
1/7/2010 2:09:04 AM
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