New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Options

Help with scan

Hello everyone, I need help with a scan. I'm looking for four lower wicks. It's kinda like market structure low but I kinda modified it. Then the fifth candle has a higher low, but also would like the inverse of this. Any help would be greatly appreciated
Thank you

Comments

  • Options
    That's a long and complicated scan.

    Getting lower lows is easy enough - 1 day ago low is less than 2 days ago low, etc. The higher low for the current candle is just low greater than 1 day ago low (if by "fifth candle" you mean the current one).

    Getting the wicks - you could try testing for both the close and the open above the mid point of the bar. So it would start:

    and [1 day ago close > 1 day ago low + [1 day ago range * .5] ]
    and [1 day ago open > 1 day ago low + [1 day ago range * .5] ]

    Then you would repeat that for each of the other three candles, 2 days ago, 3 days ago, 4 days ago.

Sign In or Register to comment.