candele indicator Marubozu

• 10/13/2023 at 8:34 PM #222406
  tonbijl

  Hello i am looking for an indicator with a high low range of 8 points with the additional conditions.

  Short candele: High-low max 1 point / Low-Close max 1 point

  Long Candele  low-open max 1 point/ High-Close max 1 point

  The reason i want this as an indicator is that i want to trade on a small time frame with volume candels

   

  

  tonbijl

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  10/14/2023 at 5:07 AM #222414
  robertogozzi

  There you go (not tested):

  C1 = (range = 8*pipsize) // Bearish candlestick S1 = (High-Open <= 1*pipsize) S2 = (Close-Low <= 1*pipsize) S3 = close < open SC = S1 and S2 and S3 and C1 // Bullish candlestick L1 = (High-Close <= 1*pipsize) L2 = (Open-Low <= 1*pipsize) L3 = close > open LC = L1 and L2 and L3 and C1 // Return (SC or SL)

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  C1 = (range = 8*pipsize) // Bearish candlestick S1 = (High-Open <= 1*pipsize) S2 = (Close-Low <= 1*pipsize) S3 = close < open SC = S1 and S2 and S3 and C1 // Bullish candlestick L1 = (High-Close <= 1*pipsize) L2 = (Open-Low <= 1*pipsize) L3 = close > open LC = L1 and L2 and L3 and C1 // Return (SC or SL)

  I have changed some of your expressions, as they seemed wrong.

  

  robertogozzi

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