RebelAnt3CR – 3 candle reversal code from MT4

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  • #190407 quote
    DamianFaz
    Participant
    New

    This script shows the Three Candle Reversals following the rules of @BestForexMethod on .

    RebelAnt3CR.ex4
    #190416 quote
    Nicolas
    Keymaster
    Master

    The file you attached is compiled so it can’t be used to understand what to code.

    Could you please explain the strategy, making a short description? It’s better for us than to watch a 12 minutes video 🙂

    #190468 quote
    DamianFaz
    Participant
    New

    Hi Nicola

    Apologies I am not so technical – I have attached a screenshot from tradingview and also the following explanation.

    There are 3 candles forming the reversal

    The penultimate candles comes before the reversal candle (lower low or higher high)

    For a downtrend reversal The 3cr is completed when the candle after the reversal candle breaks the high of the penultimate candle.

    The actual indicator draws a line on the high of the penultimate candle and also identifies the trigger candle with an icon (see attachments).

    Not sure is this is enough info – but thanks for reading .

    Regards – Damian

    Example-of-Rebelant3cr.png Example-of-Rebelant3cr.png PMG_2022-03-25_09-52-53.png PMG_2022-03-25_09-52-53.png
    #190488 quote
    Nicolas
    Keymaster
    Master

    So do you have the code of that tradingview indicator please?

    #190634 quote
    DamianFaz
    Participant
    New

    Hi Nicolas

    Sorry no it is locked – not to worry – I will keep doing it visually

    All the best

    Damian

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RebelAnt3CR – 3 candle reversal code from MT4


ProBuilder: Indicators & Custom Tools

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DamianFaz @damianfaz Participant
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This topic contains 4 replies,
has 2 voices, and was last updated by DamianFaz
3 years, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/24/2022
Status: Active
Attachments: 3 files
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