reversal candle indicator near support and resistance

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  • #38770 quote
    sincitytrader
    Participant
    Junior

    Hi All,

    I’ve been trying this strategy on a 15 minute chart and it’s working well.

    Is there a scanner that can do this:

    detect a reversal hammer candle near an area of support or resistance.

    see image attached.

    so the scanner should detect a long red candle in previous 15 min time frame, then a hammer candle and vice versa for going short.  the closing price of the hammer candle should be near any support or resistance line including pivots.

    so R3, R2, R1, pivot, S1, S2 and S3

    Any assistance appreciated.

    Thanks

    Rob

    reversal-candle-near-support-or-resistance.jpg reversal-candle-near-support-or-resistance.jpg
    #39059 quote
    Nicolas
    Keymaster
    Master

    You’ll find a screener code that will spot Doji crossing any of the pivots points lines in this thread: https://www.prorealcode.com/topic/doji-entry-scanner/#post-32694

    Let me know if you need assistance to modify it to detect Hammer instead of Doji, of course.

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reversal candle indicator near support and resistance


ProScreener: Market Scanners & Detection

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
8 years, 8 months ago.

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Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 06/21/2017
Status: Active
Attachments: 1 files
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