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control number of bearish candles for a pullback??

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ProScreener: Market Scanners & Detection
control number of bearish candles for a pullback??

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01/29/2021 at 11:53 AM #159793 quote

Ha
Participant

New

Hi,

How do you code a pullback that you limit a number of bearish candles? I looked in the library but can’t find anything I could modify…

Say, I look for stocks to trend above 20EMA then pulls back. Here, I want at least two red candles down but no more than five.

And how can I identify that swing high? I’d like to enter when this pullback breaks that swing high.

Thank you.

01/29/2021 at 12:03 PM #159798 quote
robertogozzi
Moderator

Legend
There you go:
```
Bearish = close < open
c1      = summation[5](Bearish)
c2      = summation[6](Bearish)
Cond    = (c1 >= 2) AND (c2 = c1)
```
Cond, if true, grants that there have been at least 2 bearish candle, but not more than 5.
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control number of bearish candles for a pullback??

ProScreener: Market Scanners & Detection

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Ha @ha Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
5 years, 7 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	01/29/2021
Status:	Active
Attachments:	No files

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control number of bearish candles for a pullback??

Stuck on this ProBuilder code?

control number of bearish candles for a pullback?? ProScreener: Market Scanners & Detection

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control number of bearish candles for a pullback??

ProScreener: Market Scanners & Detection