Developing a opening price reversal script

S

STAZ012

New member
i am trying to develop a trend reversal indicator where opening price is within 1% range of previous close price and close price is within 1% range of previous open price and price range ( candle height) for open and close could also be changed based also .

so the variables which can be inputed or changed are:

1. percentage price range for previous close price
2. percentage price range for previous open price
3. Length of candle from open to close

Any help would be appreciated. Thank you in advance .
 
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