This is Thomas Bullkowski's best performing candle.
Created by Mobius
From Thomas Bullkowski's Candle Stick Patterns
10.12.2017 TheoTrade Chat Discussion
Look for two candles in a downward price trend.
The first one is black and the second is white.
The body of the second should be at or above the middle of the first candle’s body.
In other words, the opening and closing prices of the second day must be above the mid-point of the first candle’s body.
thinkScript Code
Created by Mobius
From Thomas Bullkowski's Candle Stick Patterns
10.12.2017 TheoTrade Chat Discussion
Look for two candles in a downward price trend.
The first one is black and the second is white.
The body of the second should be at or above the middle of the first candle’s body.
In other words, the opening and closing prices of the second day must be above the mid-point of the first candle’s body.
thinkScript Code
Rich (BB code):
input BubbleOn = yes;
def downTrend = isDescending(high[1], 3) and isDescending(low[1], 3);
def AboveStomach = open > close[1] and close > high[1] and close > open;
plot isTrue = if downtrend and
AboveStomach
then low
else double.nan;
isTrue.SetPaintingStrategy(PaintingStrategy.Arrow_UP);
isTrue.SetLineWeight(3);
isTrue.SetDefaultColor(Color.CYAN);
AddChartBubble(BubbleOn and isTrue, isTrue, "Above Stomach", color.cyan, yes);
# End Code Above Stomach Candle
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