3 Bars LONG

Category: Screeners By: Vinks_o_7 Created: April 6, 2021, 1:42 PM
April 6, 2021, 1:42 PM
Screeners
3 Comments

This simple screener is searching for a daily pattern with 3 candles (short pullback during an uptrend).

Main conditions

  • Trend: uptrend with rising SMA200 & close > SMA200
  • Liquidity: volume > 15 000 stocks/daily
  • No penny stock: close > 0.3€

Pattern conditions

  • Low of middle candle < lows of previous and last candle
  • Last close > high of middle candle

Go long when price breakout above high of  candle before middle candle (ie candle 2 days ago)

Tip: add a stochastic in OS condition or < 50 to get better results.

c1= (Low[1] < Low) and (Low[1] <= Low[2])
c2 = (high[2] > High[1]) and (Close > High[1])
c3 = (close >= 0.3)
indicator1 = average[200](close)
indicator2 = average[200](close)
c4 = (indicator1 > indicator2[1])
c5= (volume > 15000)
c6= (close > average[200])
c7= (close[1] < close[2])


SCREENER[c1 AND c2 AND c3 AND c4 AND c5 AND c6 AND c7] ((close/DClose(1)-1)*100 AS "% Veille")

Download
Filename: 3Bar-Long.itf
Downloads: 172
Vinks_o_7 Master
Developer by day, aspiring writer by night. Still compiling my bio... Error 404: presentation not found.
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