Extreme with Shooting Star

ssmike123

New member
VIP
Please Help creating this scan in TOS
It is rather simple, but may be a little difficult to write in TOS
The graph below shows the characteristics of this scan on the bar with arrows.

Below I am describing possible set up to the upside. Opposite will be true for the downside.
  1. Price opened Below Bollinger Band
  2. Price Closed Below Bollinger Band
  3. Price opened Below Liner Regression Channel
  4. Price Closed Below Regression Channel
  5. Bar is a shooting Star, & its color is not important.
  6. It is important that bar has these characteristics.
  1. The colored section of bar is 1/6 or less the length of the bar
  2. The colored section of bar is at Top of that bar
  3. The Shadow is 5/6 or more the length of the bar
  4. The Shadow is at bottom of the bar.
Snap10.jpg

Here is a closeup of the above graph

Snap8.jpg
 

TechRancher

New member
Please Help creating this scan in TOS
It is rather simple, but may be a little difficult to write in TOS
The graph below shows the characteristics of this scan on the bar with arrows.

Below I am describing possible set up to the upside. Opposite will be true for the downside.
  1. Price opened Below Bollinger Band
  2. Price Closed Below Bollinger Band
  3. Price opened Below Liner Regression Channel
  4. Price Closed Below Regression Channel
  5. Bar is a shooting Star, & its color is not important.
  6. It is important that bar has these characteristics.
  7. The colored section of bar is 1/6 or less the length of the bar
  8. The colored section of bar is at Top of that bar
  9. The Shadow is 5/6 or more the length of the bar
  10. The Shadow is at bottom of the bar.
Is the Linear Regression Channel for this scan the 100 or 50?
 

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