Could this Pattern be coded? | Forex Factory

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Could this Pattern be coded?

  • #1
  • First Post: Nov 22, 2018 7:02am Nov 22, 2018 7:02am
Dear Coders,

Can this pattern be coded as an Indicator with Alerts :

Condition For BUY:

1. A candle open below previous candle low AND ( Candle open and candle low can be equal )

2. The same candle closes above previous candle close. ( candle close and previous candle close can be same )

Condition for SELL :

1. A candle open above previous candle high AND ( Candle open and candle high can be equal )

2. The same candle closes below previous candle close. ( candle close and previous candle close can be same )
Thanks a lot for your help...

Attached pictures of SELL and BUY for clarity :

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: Buy Setup.jpg Size: 67 KB
Attached Images
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #2
  • Nov 22, 2018 11:07am Nov 22, 2018 11:07am
How profitable it is?
  • #3
  • Nov 22, 2018 11:40am Nov 22, 2018 11:40am
Quoting Aqwerk
How profitable it is?
Been watching this for sometime ....

Its good ... But as you see I am finding it hard to manually watch the signals on most pairs...

So an Indicator will ease my job ...

Thanks
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #4
  • Nov 22, 2018 12:26pm Nov 22, 2018 12:26pm
Can easily be coded, but I'll guarantee it won't work.
  • #5
  • Nov 22, 2018 10:04pm Nov 22, 2018 10:04pm
Quoting Asw
Can easily be coded, but I'll guarantee it won't work.
Can it be coded please and shared here ....

Thanks for your time
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #6
  • Nov 28, 2018 6:31am Nov 28, 2018 6:31am
Quoting rpasupathy
{quote} Can it be coded please and shared here .... Thanks for your time
I found a bit time and programmed indicator with alert.
Attached File(s)
File Type: ex4 Candle-Reverse-Pattern-Fx-Tools.ex4   10 KB | 417 downloads
File Type: mq4 Candle-Reverse-Pattern-Fx-Tools.mq4   4 KB | 409 downloads
  • #7
  • Nov 28, 2018 10:17pm Nov 28, 2018 10:17pm
Quoting Fx.Tools
{quote} I found a bit time and programmed indicator with alert. {file} {file}
Thanks a lot my friend for your time.

Will check it ..

Thanks once again ...

Have a great day
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #8
  • Last Post: Nov 29, 2018 5:05am Nov 29, 2018 5:05am
Quoting rpasupathy
{quote} Thanks a lot my friend for your time. Will check it .. Thanks once again ... Have a great day
You're welcome I hope this indicator will be useful for you.
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