Support Board
Date/Time: Sun, 15 Jun 2025 16:07:44 +0000
Question about a specific candlestick pattern
View Count: 221
| [2025-06-02 11:20:17] |
| Finsilence - Posts: 1 |
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Hello Guys, I need your help because I can't find anything in your excellent support. As part of our training as traders, we are looking at so-called “ Aussenstab”. I don't know what this candle is called in American/English. An "Außenstab" is NOT an outside bar and is characterized by the following features: A positive "Außenstab" occurs when an upward movement is followed by a candle that forms a closing price that is higher than all previous candles. A developer from our group has programmed a study for this in Sierra Chart. However, he wants money for this. I have attached an example of negative and positive "Außenstab" as a picture. Is there already a study that shows me these Außenstab? I already use the studies for Insidebars and Outsidebars. But this is not the same. Thank you in advance. Date Time Of Last Edit: 2025-06-03 05:38:00
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 Außenstab.png / V - Attached On 2025-06-02 11:16:04 UTC - Size: 22.18 KB - 90 views |
| [2025-06-02 15:42:59] |
| John - SC Support - Posts: 40422 |
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It sounds like you can do this using an alert condition, so you could use the "Color Bar Based on Alert Condition" study to color the bar itself when this occurs. We do not know how many bars you need to test, but here would be the alert condition in which a bar has a close that is higher than the previous two bars high: =AND(C > H[-1], C > H[-2]) Where C is the Close of the bar, H is the High of the bar, and the [-1], [-2] reference the previous bar and the bar two previous respectively. Refer to the following: Study/Chart Alerts And Scanning: Available Main Price Graph Identifiers/Variables Study/Chart Alerts And Scanning: Referencing Data Other Than on the Last Bar/Column In the Chart You would put that condition into the Alerts tab for the "Color Bar Based on Alert Condition" and if you just want to color that bar, then you would not need to change anything else in the study. Refer to the following: Color Bar Based on Alert Condition For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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