Gold Customer
Joined: 6/23/2015 Posts: 20
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Hi Bruce,
Can you proviide a set up for three consecutive bearish and bullish pin bar on a these time frames.
5 mins, 30 mins, daily and Weekly.
Regards,
MK
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Pin bars normally require not only long wicks, but that the wick stick out from the surrounding price action. If this second condition is part of the requirement, I don't think you can actually have more than one in a row.
If you just want say three bars in a row where the open and close are in the top 10% of the bar, we can write that.
TrueInRow(10 * O >= 9 * H + L AND STOC1 >= 90, 3) = 3
With the inverse of that being the following.
TrueInRow(10 * O <= H + 9 * L AND STOC1 <= 10, 3) = 3
You can set the time frame as desired.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 6/23/2015 Posts: 20
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Thanks Bruce this is what I was looking for and not an actual pin bar, in short reversal candles.
Appreciate the help.
Regards,
MK
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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