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How to write scan expression for Candlestick pattern "Kicker Signal"
The multiple ways I have tried to write this scan brings in many stocks that do not meet the criteria. This signal involves the 2 prior trading days. Criteria is: yesterday & 2 days ago Open are the same. Each day's price movement is in opposite directions from opening price. The candle (2 days ago) moved in the trend direction, and yesterday's candle reversed that direction after open.
Has anyone been able to correctly write this scan? Thanks so much for the help!
If you could, please comment each line to say what you want it to do. I think you can just pretty much copy each condition you listed above.
I'm not sure what you mean by each day's price movement is in the opposite direction of the open - direction compared to what?
and [today's open = yesterday's open]
and [yesterday's close < yesterday's open]
This is for the Bullish kicker. I had also tried "yesterday" (substituted for today), & "2 days ago" (substituted for yesterday) in a separate scan.
I had also tried [today's open >= yesterday's open]. (based from another scan website's written criteria. It seems to be pulling in stocks prices that include the opening price of previous day - like an engulfing candle, instead of only the opening price of both days being the same.
I have attached a screenshot of this occurring on March 14 & 17, 2014.
Thanks so much for your help & input.