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Date/Time: Sun, 29 Dec 2024 15:43:01 +0000



Post From: Need Help for Formula - Study

[2016-01-23 04:52:56]
nicktrader - Posts: 722
Hi all,

need help to create a working formula (tried a lot but no result). My knowledges concerning programming are limited therefore I'd like to use the Study "Color Bar based on Alert...".

Please take a look on the attached file. - it shows the pattern I am looking for.

I am Using the following studies:
1. EMA = ID1.SG1
2. Swing High/ Low= ID2 H=SG1, L=SG2
3. PatternFinder ID3 - Engulfing Pattern =SG1(red arrow), Doji Pattern = SG2 (blue arrow)

The condition should be:
1. 3 higher lows (in row)
2. Engulfing should follow
3. Doji should follow
4. Low of Doji should cross EMA

In that case the Doji is also a lower low. There is no need that there is is lower low.

In general. Is it possible to use the Study "Color Bar based on Alert..." for that purpose?

Many thanks
imagePattern + Studies.png / V - Attached On 2016-01-23 04:25:10 UTC - Size: 14.44 KB - 363 views