StockFetcher Forums · Filter Exchange · Short Trade - 2-Candle Pattern<< >>Post Follow-up
freedom_trader777
7 posts
msg #145058
Ignore freedom_trader777
10/25/2018 6:12:48 PM

Hi,

Does anyone here know if it's possible to develop a screen that specifically looks for this 2-candle set up below?

Pattern: The first candle prints a shooting star tail, the second candle gaps up into that tail, prints a tail of its own and then reverses. Preferably, leaving a red body in the 1st. candles tail.

This is one of my favorite short and highly probable setups.If anyone has any advice or insight on how to create a filter to screen for this 2-candle setup your input would be greatly appreciated!

Here's 3-examples of what I'm looking for:

( ESEA ) - Discard todays candle. Look at the previous two before



( UAVS ) -



( AKER ) -








xarlor
587 posts
msg #158800
Ignore xarlor
3/13/2022 11:59:23 AM

Stumbled upon this and saw it never got a response. It's over 3 years late, but better that than never!

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

set{body,abs(open minus close)}
set{body_top,max(open,close)}
set{head,high - body_top}
body 1 day ago between 0 and 0.02
head > body

do not draw head
do not draw body
]



StockFetcher Forums · Filter Exchange · Short Trade - 2-Candle Pattern<< >>Post Follow-up

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