Three Types of Reversal Bars | Forex Factory

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Three Types of Reversal Bars

  • #1
  • First Post: Sep 3, 2019 7:18am Sep 3, 2019 7:18am
Hi,

I would like to know if someone has a indicator that signal this bars or is willing to create it

Down reversal:

  1. Type A, a bar with a higher high, and a close below the close of the previous bar
  2. Type B, an outside bar with a close below the close of the previous bar
  3. Type C, an outside bar with a close below the low of the previous bar

The wick has to be bigger on the up part of the candle so the net candle wick is positive

Up Reversals will be the reverse

It will be nice if an arrow appeared below/above the bars and the signal are live so the apper and dissapear as the take place instead of at candle close

Thanks for the help, let me know if you have any questions

  • #2
  • Last Post: Sep 5, 2019 2:10am Sep 5, 2019 2:10am
Quoting Frag8383
Hi, I would like to know if someone has a indicator that signal this bars or is willing to create it Down reversal: Type A, a bar with a higher high, and a close below the close of the previous bar Type B, an outside bar with a close below the close of the previous bar Type C, an outside bar with a close below the low of the previous bar The wick has to be bigger on the up part of the candle so the net candle wick is positive Up Reversals will be the reverse It will be nice if an arrow appeared below/above the bars and the signal are live so the...
it would be better is you show some pictures so we can create that indicator
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