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spider2018
Posted : Wednesday, March 22, 2017 11:16:16 PM
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Joined: 3/6/2017
Posts: 7

I use 5 minutes chart to daytraing us stocks, i want to find the setup :" after the three 5 minutes bars ,the next bars' hihg and low  are insdie the 15minute( the first three 5 minutes bars  ) bars' high and low ,how to build this easy sacn formula ? 

Bruce_L
Posted : Thursday, March 23, 2017 9:38:42 AM


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Joined: 10/7/2004
Posts: 65,138

As long as you are scanning during the fourth 5-minute bar of the day, this could be written as follows.

MINL3.1 <= L AND H <= MAXH3.1

But once the next bar starts forming this would need to be the following instead.

MINL3.2 <= L1 AND H1 <= MAXH3.2

And you would need a different formula every time a new bar started to form.



-Bruce
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spider2018
Posted : Thursday, March 23, 2017 10:06:28 AM
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Joined: 3/6/2017
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Thank you !

Bruce_L
Posted : Thursday, March 23, 2017 10:10:49 AM


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You're welcome.



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