RebelAnt3CR – 3 candle reversal code from MT4

DamianFaz · 2022-03-24T12:23:40+00:00

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

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03/24/2022 at 1:23 PM #190407 quote

DamianFaz
Participant

New

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

RebelAnt3CR.ex4

03/24/2022 at 3:24 PM #190416 quote

Nicolas
Keymaster

Legend

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 🙂

03/25/2022 at 10:57 AM #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 PMG_2022-03-25_09-52-53.png

03/25/2022 at 4:26 PM #190488 quote

Nicolas
Keymaster

Legend

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

03/28/2022 at 10:26 AM #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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