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Date/Time: Sun, 05 May 2024 19:15:57 +0000



Post From: Color background on a flex renko inverse set with wick reversal bar

[2019-03-24 17:39:21]
User701453 - Posts: 176
Or do you want to detect the 3rd wickless green renko bars after the 1st green renko bar after 4 red renko bars?
Looking to detect that pattern that will include the reversal renko bar.

And do you want both directions combined, or each unique?
Separate study for long and short.

I have attached a chart screenshot of what I have managed so far with the alert code.
The areas circled are close to what I want.
The area in the squares are painting both third and fourth bars.

This is the alert code I have so far for the long side.

=and( C > C[-1], C[-1] > C[-2], C[-2] > C[-3],
L > L[-1],
L[-3] < L [-4],
L[-4] < L [-5],
L[-5] < L [-6],
H[-5] < H [-6]
)

image3rd bar.PNG / V - Attached On 2019-03-24 17:31:10 UTC - Size: 11.72 KB - 412 views