Advance Block Pattern Indicator

I really like this candle pattern and it seems to show a good essence of weakening of the trend. This pattern is basically where there is a set of three candles of the same colour on an uptrend or downtrend getting smaller each time.

Ideally the last candle should have a nice longer shadow.

This is a good description of the pattern - http://www.litwick.com/indicators/1202.html

Here it is.



Anyone know where i can find this type of indicator? or if anyone would be willing to code it?

Modded one of my old indis.
Use it if any good and modify to your needs if you need different spec.

M.

EDIT : sorry did not add for all bars being up or down ... modded.

Hi, Thanks for the reply.

The indicator doesn't seem to show much on the chart. The indicator i need is where

1. Each bar gets shorter (in total 3 bars)
2. The last bar has a decent length wick on it but not so much a pinbar, just a decent wick.

That's how i'd have the indicator working but you probably know more with being a coder.

Thanks again

EDIT: If you can't code the wick as you don't know the exact size with it being so subjective i'd just want it to highlight anytime where the bars get shorter each time in total of 3 bars.

I think it does what you asked....

set of three candles of the same colour on an uptrend or downtrend getting smaller each time.

The wick is coded to be bigger than the body and bigger than the lower wick (up candles).

Put it on a lower TF chart and you should see the highlighted candles.
Set mEarliestBar to higher fig if you want to see earlier highlights.

No time to do any more (sorry if it did not help)

M.

I see you're right, i just had to change the colour settings on my chart. Thanks

futurespec,

you are simply awesome.
I learn a lot from your coding shared here in FF.

If I can give you more Vouches that I will surely do so.

Thanks a lot!

regards,
EMMANUEL

Hi Futurespec,

Any chance your code can do this 3 bar setup?

I'm a coding numpty and was looking all over FF and found this post with code already doing a 3 bar condition pattern.

Would you be willing to help me out here. I have spent hours looking over the net for the code before asking?

See pic for pattern details..

Thx in advance..

I was hoping that someone could modify the indy so that it only shows when we have a corresponding fall in volume over the same 3 bars.
Thanks in advance.

pls. try attached (alerts also added)

Wow thanks for quick work ---I'll give it a go