candele indicator Marubozu

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  • 10/13/2023 at 8:34 PM #222406 quote
    tonb
    Participant
    Junior

    Hello i am looking for an indicator with a high low range of 8 points with the additional conditions.

    Short candele: High-low max 1 point / Low-Close max 1 point

    Long Candele  low-open max 1 point/ High-Close max 1 point

    The reason i want this as an indicator is that i want to trade on a small time frame with volume candels

    10/14/2023 at 5:07 AM #222414 quote
    robertogozzi
    Moderator
    Master

    There you go (not tested):

    C1 = (range = 8*pipsize)
// Bearish candlestick
S1 = (High-Open <= 1*pipsize)
S2 = (Close-Low <= 1*pipsize)
S3 = close < open
SC = S1 and S2 and S3 and C1
// Bullish candlestick
L1 = (High-Close <= 1*pipsize)
L2 = (Open-Low <= 1*pipsize)
L3 = close > open
LC = L1 and L2 and L3 and C1
//
Return (SC or SL)

    I have changed some of your expressions, as they seemed wrong.

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candele indicator Marubozu


ProBuilder: Indicators & Custom Tools

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tonb @tonbijl Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
2 years, 3 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 10/13/2023
Status: Active
Attachments: No files
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