3bars indicator with Alert

Hi guys!

I have one question and i hope someone can help me.I would like an indicator that counts 2 candlesticks of the same color and 1 different.

Example: 2straight green colors and then one red color candle

or 2 straight red bars and then green candle

It would be very helpful if the indicator has pop up alert.

I would be very greatful!

Regards,

Igor

Hi, try this.

Very interesting! I've been working on a similar approach, which I term "2 bars up/ 1 down" and " 2 bars down/ 1 up"
I'm currently doing a manual backtest of 28 pairs for the last six months(daily bars, only). The results are very encouraging. I enter long/ short based on the pattern, with a 50-pip SL and a TP equal to the the closed bar traded. For me, the pattern is very easy to find, but the posted indicator should simplify the process.