Need EA for 3 bar candlestick pattern | Forex Factory

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Need EA for 3 bar candlestick pattern

  • #1
  • First Post: Oct 28, 2014 10:26pm Oct 28, 2014 10:26pm
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I need an indicator or an EA that alert and send me a push notification when

the third bar fail break and close inside the insidebar(second bar)

Thank you for looking
  • #2
  • Oct 29, 2014 2:16am Oct 29, 2014 2:16am
mathematically paint values of maxima and minima of bars

as example: H1<H2<H3, L1>L2>=L3
  • #3
  • Oct 29, 2014 2:39am Oct 29, 2014 2:39am
nothing special
second bar called "inside bar" means narrowing from both High & Low
then 3rd+n bar makes brake
here first brake fake then reverse back

this is very well known formation also algorithmic traders use

Quoting kabukyboy
{image}{image} I need an indicator or an EA that alert and send me a push notification when the third bar fail break and close inside the insidebar(second bar) Thank you for looking
My Best Trade is Next Trade!
  • #4
  • Oct 29, 2014 2:42am Oct 29, 2014 2:42am
with the cost of retail trader you cant make money out of it

Quoting MAM.Trader
nothing special second bar called "inside bar" means narrowing from both High & Low then 3rd+n bar makes brake here first brake fake then reverse back this is very well known formation also algorithmic traders use {quote}
My Best Trade is Next Trade!
  • #5
  • Oct 29, 2014 3:32am Oct 29, 2014 3:32am
Quoting MAM.Trader
with the cost of retail trader you cant make money out of it {quote}
this is one of the 3 formation that i trade the past 3 yrs .the other 2 is pinbar and outsidebar or engulfing bar.
I CANT FIND THIS INDICATOR OR EA ON THE INTERNET, CAN ANYONE DO IT FOR ME. THANKS IN ADVANCE
  • #6
  • Oct 29, 2014 9:59pm Oct 29, 2014 9:59pm
very please, if you know of one
  • #7
  • Oct 30, 2014 2:11am Oct 30, 2014 2:11am
Can you be more specific, cos the two pictures show slightly different setups

Are you looking for when the 2nd and 3rd candles open and close within the first candle?
  • #8
  • Oct 30, 2014 4:34am Oct 30, 2014 4:34am
Quoting sinqua
Can you be more specific, cos the two pictures show slightly different setups Are you looking for when the 2nd and 3rd candles open and close within the first candle?
The third candle go outside the mother bar ,came back and close inside the inside bar or higher. The 2 picture show one go up and one go down but both close inside the inside bar which is the second bar of this 3 bar formation.
thanks in advance
  • #9
  • Oct 31, 2014 1:39am Oct 31, 2014 1:39am
kabukyboy - kindly confirm once more:
kabukyboy - could you please confirm on following:

- master candle (mother bar) uses high/low and NOT open/close for horizontal blue line?
- does body of candle 2 and 3 have to be completely enclosed by body (open/close) of mother candle (the candle with blue horizontal line)?

Cheers
  • #10
  • Edited 12:07pm Oct 31, 2014 4:47am | Edited 12:07pm
Quoting mobthehop
kabukyboy - kindly confirm once more: kabukyboy - could you please confirm on following: - master candle (mother bar) uses high/low and NOT open/close for horizontal blue line? - does body of candle 2 and 3 have to be completely enclosed by body (open/close) of mother candle (the candle with blue horizontal line)? Cheers

Thank you for looking

3 bar formation;


1- insidebar form
2- third bar fail break top or bottom of the mother bar ( Third bar fail break usually form a pinbar)
fail break the mother bar- please look at the picture again


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  • #11
  • Oct 31, 2014 12:11pm Oct 31, 2014 12:11pm
Please help me out, thanks
  • #12
  • Edited 3:02pm Nov 2, 2014 10:39am | Edited 3:02pm
Hi, try this indicator, the conditions are:

arrow up -> (HighBar1 > HighBar2) && (LowBar1 < LowBar2) && (LowBar3 < LowBar1) && (CloseBar3 > LowBar1)
arrow down -> (HighBar1 > HighBar2) && (LowBar1 < LowBar2) && (HighBar3 > HighBar1) && (CloseBar3 < HighBar1)

You can see this in the code (file.mq4) and change it if is wrong.
Attached File(s)
File Type: ex4 3barPattern.ex4   16 KB | 1,004 downloads
File Type: mq4 3barPattern.mq4   7 KB | 1,467 downloads
  • #13
  • Nov 2, 2014 8:38pm Nov 2, 2014 8:38pm
when compile this is what i get
Attached File(s)
File Type: txt fakey.txt   < 1 KB | 535 downloads
  • #14
  • Edited 2:57am Nov 3, 2014 2:00am | Edited 2:57am
I dont know why, you can try with another version of mt4 to compile, mine is the 745 and everything is ok. Here you can find the 509, I tried it and works fine too:
http://www.forexfactory.com/showthread.php?p=7271236
  • #15
  • Nov 3, 2014 5:53am Nov 3, 2014 5:53am
i use the metaeditor from the link that you send, i still cant see the indicator. Anyone got any idea why? thanks
  • #16
  • Nov 3, 2014 6:08am Nov 3, 2014 6:08am
Quoting kabukyboy
i use the metaeditor from the link that you send, i still cant see the indicator. Anyone got any idea why? thanks
kabukyboy-
Have you tried putting the .ex4 for file into your indicators folder?

Do this:
Remove the .mq4 file
put the already compiled .ex4 file in.
Then restart the platform
  • #17
  • Nov 3, 2014 10:40am Nov 3, 2014 10:40am
Quoting cyber1
{quote} kabukyboy- Have you tried putting the .ex4 for file into your indicators folder? Do this: Remove the .mq4 file put the already compiled .ex4 file in. Then restart the platform
Thank you, it work. I have some of the indicators that did the same things


Very big thanks. Now i have to test see if it the one i was looking for

Thank Rob and cyber

Need to add the push notification alert but dont know how. Any idea?
  • #18
  • Last Post: Nov 3, 2014 3:04pm Nov 3, 2014 3:04pm
Look in the indicator settings
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