Reversal Bar Indicator/Scan

K

kalivibe

New member
I am pretty new here. I wanted to see if there is a way to program an indicator and scan for the following price action.

For Long trades:
  • Previous bar close < open
  • Current bar open > close
  • current bar low < previous bar
  • Lower highs for last 3 bars including current bar
  • If current bar is an outside bar or inside bar previous 3 should have lower highs
  • Oversold StochasticFull (settings: OB = 75, OS =25, K period = 12, D period = 1, slow period = 3, average = simple)
Just reverse for short trades.
 
K

kalivibe

New member
Sorry one other item: same as on outside bar for inside bar, except obviously will not make lower low/higher high
 

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