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Mid Candle Breakout Scan Rate this Topic:
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babbou
Posted : Wednesday, January 10, 2018 5:20:26 AM
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Joined: 9/9/2016
Posts: 12

HI

i need to make a scan for a mid candle pattern:

So first the last day bar must be big green day and top gainer too,

the day after Red mid candle,

Thank you 

Bruce_L
Posted : Wednesday, January 10, 2018 9:13:46 AM


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

I do not understand what you are describing. I get that you want a red candle followed by a big green candle (and since you are calling them candles and not bars, I assume this is based on open vs close instead of net change), but I don't know what "mid candle" might be.

C - O > AVG(H1 - L1, 10) AND C > C1 AND C1 < O1

I defined big green candle that is a top gainer as the close being above the open by more than 10 period average of the previous candles' entire ranges.



-Bruce
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babbou
Posted : Wednesday, January 10, 2018 4:51:43 PM
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Joined: 9/9/2016
Posts: 12

I need to have a day before a big green bar, top gainer 

today I need a red bar that close maximum at the middle of the day before.

Thank you

Bruce_L
Posted : Wednesday, January 10, 2018 4:57:17 PM


Worden Trainer

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

If we use the same definition for a top gainer.

O > C AND 2 * C <= H1 + L1 AND C1 - O1 > AVG(H2 - L2, 10)



-Bruce
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