Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Fri, 19 Apr 2024 18:14:05 +0000
Bullish engulfing detection
View Count: 1681
| [2018-12-06 15:21:08] |
| Mig - Posts: 3 |
|
Hi, it seems some of the bullish engulfing candles are not properly detected. I have attached a screen shot with what I believe to be a clear bullish engulfing yet it is not detected as such I believe it is because the last of the prior bar is EQUAL to the open of the current bar or something like that I don't see why you put such restriction on the pattern finder. Trading Forex there is a ton of signals that are missing because the liquidity is often super good. http://www.sierrachart.com/image.php?Image=1544109401368.png Is there a workaround to that ? |
| [2018-12-06 18:37:34] |
| |
|
You could always modify the study to meet your requirements. Refer to: How to Build an Advanced Custom Study from Source Code What you are asking for is not part of the standard definition: https://www.investopedia.com/terms/b/bullishengulfingpattern.asp Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2018-12-06 18:38:03] |
| |
|
Your analysis is correct, the reason that was not seen by the Pattern Finder, is because the Open of the current bar is equal to the Last of the prior bar. For this pattern to be valid, the Open of the current bar must be less than (not equal to) the Last of the prior bar. The workaround for this would be to modify the source code to include the equals option. The functions for this study are found in the Studies4.cpp file in the ACS_Source folder under your Sierra Chart installation folder. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
To post a message in this thread, you need to log in with your Sierra Chart account: