Scanning for this type of candle

mastercharts

Could someone help me out with scanning for a particular shooting star type of candle? Please see attached for the visual representation.
Here is what I am looking for:
1. Open lower then close
2. Close near the bottom of the candle
3. High at least as far away from the open as close
Thank you!

markd

Try this.

You may not get hits every day.


// begin candle scan

// close less than yesterday's open

and [open < 1 day ago close]

// close is in the bottom tenth of the bar's range (or wherever)

and [ close < low + [range * .1]]

// the distance from high to open is at least the distance from open to low

and [ [high - open] >= [open - low ]]

// you can stop here, or,
//if you want to insure that the candle body is a certain size add these lines:

// open is below close

and [open > close]

// candle body is greater than 30 per cent of range (or some other per cent < 50)
// reverse the ">" to "<" if you want it not larger than a certain size

and [ [open - close] > [ range * .3] ]

// you can stop here, or,
//if you want to insure a certain range, specify a fraction or multiple of average true range

// range is greater than 80 per cent of average true range for the past 5 bars

and [range > ATR(5) * .8]

// end scan

mastercharts

Thank you!
You are awesome! ))