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Bullish Emgulfing scan. Rate this Topic:
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lloydrau
Posted : Sunday, August 28, 2011 4:17:10 PM
Registered User
Joined: 7/15/2010
Posts: 5
I have set up a few candlesticks scans ans they all work except Bullish Engulfing scan. When I scan those it gives me the list from yesterday.  I'm getting list a day late. 
                                                                                           Thank You
                                                                                            Lloyd Rausch
Bruce_L
Posted : Monday, August 29, 2011 9:22:28 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
In breaking down the formula given in the Boolean PCFs for Candlestick Patterns topic, I would have no idea why this would be the case:

ABS(C1-O1)>(H1-L1)*0.50 AND
C1<O1 AND
C>O1 AND
O<C1

As:

C1 < O1 AND C > O1 AND O < C1

Would represent the previous bar being a black candle and the current bar being a white candle with the close above the previous open and the open below the previous close.

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