 Gold Customer
Joined: 6/7/2005
Posts: 3
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I'm trying to figure out how to create backscans using candletick patterns.
Can you help with two "buy" conditions.
1. Doji with a gap up up the next day
2. Hammer with a gap up the next day
My hpe is that these two examples will provide insight to continue to create more candlestick based backscans.
THX
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Here is how I would do a Hammer and a Hammer with a Gap.
Note the conditions I created and their block diagram.
Note how I used the AND THEN and set the properties of the sequence to force the gap to happen the next day.
Save them both in the following folder:
\My Documents\My SnapSheets\Tool Parts\BackScan Conditions
Once there, you can add either to your BackScan via the ADD CONDITION button and choosing MY COMPUTER.
Attachments:
Candle - Hammer.scond - 16 KB, downloaded 202 time(s).
Candle - Hammer with Gap.scond - 19 KB, downloaded 185 time(s).
- Craig
Here to Help!
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