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Rasean827
Posted : Tuesday, February 2, 2010 1:36:19 PM
Registered User
Joined: 1/7/2010
Posts: 11
CAN YOU GIVE ME A HAMMER SCAN FOR ONE THAT SHADOW IS TWICE AS BIG AS THE BODY AND SHASOW IS CROSSING BELOW TE BOLLINGER BAND OR AT LEAST TOUCHING IT
Bruce_L
Posted : Wednesday, February 3, 2010 9:10:02 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I'm not a candlestick guy, but I'm adding the additional condition that the body must be entirely within the top half of the candle. The following is for StockFinder 4 and requires adding a 1-Period Simple Moving Average to the desired Bollinger Band. You would then Drag and Drop it into the Code tab of the RealCode Editor to create the first line of the following RealCode Rule:

'# MA = indicator.MovingAverage
If Price.Low <= MA.Value AndAlso _
    System.Math.Min(Price.Open, Price.Last) > _
    (Price.High + Price.Low) / 2 AndAlso _
    System.Math.Abs(Price.Open - Price.Last) < _
    (System.Math.Min(Price.Open, Price.Last) - _
    Price.Low) / 2 Then Pass

-Bruce
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