It looks like the candlestick Pattern in your image is a "normal" bullish reversal pattern, or a Three-Bar Reversal / Bullish Reversal After Exhaustion pattern where 3 or more red candles (lower highs and lower lows), followed by a bullish candle that Closes above the prior candle’s high, and sometimes engulfs the previous candle body.View attachment 25311
This is the chart i want my scan to mirror
def IsUp = close > open;
def IsDown = close < open;
def IsDoji = IsDoji();
def avgRange = 0.05 * Average(high - low, 20);
plot PatternPlot =
((Sum(IsUp, 1)[1] >= 0)) and
((Sum(IsUp, 1)[0] >= 0)) and
Highest(high[1], 1) >= Highest(high[0], 1) and
Lowest(low[1], 1) <= Lowest(low[0], 1);
PatternPlot.SetPaintingStrategy(PaintingStrategy.BOOLEAN_POINTS);
PatternPlot.SetDefaultColor(CreateColor(51, 255, 255));
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I'm Trying to setup a scan just like the picture. I just don't know how to set it up
Was this a stock from the scan?
thanksHere is a double inside day
#DoubleInsideDay
#hint: SCAN (only) for "double inside day" - next day look for the price to move big one way or another...
def lo = low;
def hi = high;
def vo = volume;
def s = if (hi[2] >= hi[1] and lo[2] <= lo[1]) and (hi[1] >= hi[0] and lo[1] <= lo[0])
and vo[2] >= vo[1] and vo[1] >= vo then 1 else 0;
plot signal = s within 1 bars;
#addlabel(1, if signal then "Di" else " ", color.green);
View attachment 25267
What exactly is this chart measuring, what is the outcome you want to act upon and what is the expectation of price action and in what timeframe. Is this based off some Ehler counting formula? what do the numbers mean - I would need more detailed infoView attachment 25311
This is the chart i want my scan to mirror
Ok there were many potential plots here and TOS can only do one or you can combine but that would not work so well on this one. So here is a scanner that performs a 1-2 inside reversal which works by (insideBarPrev) confirming that yesterday's bar (bar 1) was an inside bar compared to the day before, andView attachment 25311
This is the chart i want my scan to mirror
It looks like the candlestick Pattern in your image is a "normal" bullish reversal pattern, or a Three-Bar Reversal / Bullish Reversal After Exhaustion pattern where 3 or more red candles (lower highs and lower lows), followed by a bullish candle that Closes above the prior candle’s high, and sometimes engulfs the previous candle body.View attachment 25311
This is the chart i want my scan to mirror
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