Outside reversal bar screener

• 01/04/2021 at 9:13 PM #156350
  TheN00b

  It’s like this.

  The present candlesticks (after closing) range is higher & lower than the previous candlesticks range and closes above the prevoius bars high (bullish) or below the previous bars low (bearish)

  The body of the candlestick  does NOT need to engulf the prevoius body.

  In short, the last candlesticks range engulfs the previous candlesticks range and closes above or below the high/low och the previous candlestick, no matter what colour the previous candlestick is (regardless of the pic below).

   

  reference:  https://www.prorealcode.com/topic/outside-reversal-bar-indicator/

  

  TheN00b

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  01/04/2021 at 10:55 PM #156359
  robertogozzi

  Give your topic a meaningful title.Describe your question or your subject in your title. Do not use meaningless titles such as ‘Coding Help Needed’.

  Moreover, what’s your question?

   

  

  robertogozzi

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  01/07/2021 at 11:50 AM #156734
  Nobody

  robertogozzi wrote:

  range is higher & lower

  you need to be more specific because it cannot be both

  

  Nobody

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  01/07/2021 at 11:10 PM #156832
  TheN00b

  I hope this might help explain it  better,

   

  https://backtestwizard.com/outside-bar-candlestick-patterns/

  https://the5ers.com/outside-bar-candlestick/

   

   

  

   

  

  thank you,

  

  TheN00b

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  01/07/2021 at 11:34 PM #156834
  TheN00b

  

  

  TheN00b

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  01/08/2021 at 12:17 AM #156837
  robertogozzi

  Pics should be attached, rather than embedded within the text of your post, to make the forum load faster.

  Thank you 🙂

   

  

  robertogozzi

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  01/08/2021 at 12:26 AM #156838
  robertogozzi

  So you asking to code a screener that detects OUTSIDE:

  1. when they show a gap at opening
  2. when they make a swing point within the last N candles.

  Got it. I’ll make it asap.

   

  

  robertogozzi

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  01/08/2021 at 12:39 AM #156839
  Vonasi

  TheN00b – Please respect the few simple forum rules. I deleted the quote where you quoted yourself that then included massive images inserted into your post unnecessarily.

  • Be careful when quoting others in your posts. Only use the quote option when you need to highlight a particular bit of text that you are referring to or to highlight that you are replying to a particular member if there are several involved in a conversation. Do not include large amounts of code in your quotes. Just highlight the text you want to quote and then click on ‘Quote’.

  

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  01/08/2021 at 9:34 AM #156863
  robertogozzi

  There you go:

  LB = 40 //LookBack periods Bullish = close > open Bearish = close < open // LONG outside bar L1 = (low = lowest[LB](low)) L2 = Bullish L3 = (low < low[1]) AND (high > high[1]) // SHORT outside bar S1 = (high = highest[LB](high)) S2 = Bearish S3 = (low < low[1]) AND (high > high[1]) // Result = 0 IF L1 AND L2 AND L3 THEN Result = 1 ELSIF S1 AND S2 AND S3 THEN Result = 2 ENDIF SCREENER[Result](Result AS "1=↑, 2=↓")

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

  LB      = 40              //LookBack periods Bullish = close > open Bearish = close < open // LONG  outside bar L1      = (low = lowest[LB](low)) L2      = Bullish L3      = (low < low[1]) AND (high > high[1]) // SHORT outside bar S1      = (high = highest[LB](high)) S2      = Bearish S3      = (low < low[1]) AND (high > high[1]) // Result  = 0 IF L1 AND L2 AND L3 THEN    Result = 1 ELSIF S1 AND S2 AND S3 THEN    Result = 2 ENDIF SCREENER[Result](Result AS "1=↑, 2=↓")

   

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  robertogozzi

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  01/09/2021 at 12:49 AM #157018
  TheN00b

  thank you so very much 4 taking the time 2 code this. im gonna give it a go.

  I notice it only found Bearish OUTSIDE  Bar

   

  

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  01/09/2021 at 1:13 AM #157023
  TheN00b

  right now it only finds Bearish outside bar pattern.  they works wonderfully  when combine with Fibonacci , support and resistance.

  

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  01/09/2021 at 1:17 AM #157026
  robertogozzi

  I tested it and it could find both bearish and bullush patterns

  Maybe too many items are returned, try to apply it to a shorter list.

   

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  robertogozzi

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  01/09/2021 at 1:34 AM #157032
  TheN00b

  I tried it, it doesn’t find it.

  see attachment, great example of… when combine with market structures and volume.

  i hope im not asking too much. thank you

  

  TheN00b

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  01/09/2021 at 5:22 AM #157034
  robertogozzi

  You can replace 40 with a smaller value, down to 1.

   

  

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  01/16/2021 at 4:28 AM #158014
  TheN00b

  very well. gonna try that. i will report back.

  thank you

  

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