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Twinkletoes
Posted : Saturday, December 15, 2012 4:13:22 PM
Registered User
Joined: 10/7/2004
Posts: 39

 

Looking for a PCF that will give me a Candle Pattern that is Bullish Engulfing with no wicks at the bottom (or no low on candle at all)   

 

Thanks

 

TT
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Bruce_L
Posted : Monday, December 17, 2012 8:20:36 AM


Worden Trainer

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

I'm not a candlestick guy, but a Condition Formula to check for the current close to be above the current open which is also the low of the day, the previous close to have been below the previous open and for the current body to completely engulf the entire previous candle could be written as:

L = O AND O < L1 AND C1 < O1 AND H1 < C

Boolean PCFs for Candlestick Patterns
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Handy PCF example formulas to help you learn the syntax of PCFs!


-Bruce
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