BenH 32 posts msg #143995 - Ignore BenH |
7/2/2018 2:20:15 PM
hello everyone. would it be possible to create a filter from one Dr Elder's. Its called kangaroo tail. A reversal signal at the top or bottom of a trend. the candle consists of the wick being 3 times or more than the body. For the up trend reversal the wick is at the top and opposite for a bottom reversal. an example is BDR on june 4th.The gap up is not required. I have a hard time scanning for these. I have used hangman and dragon flys signals. Thanks for your help and a search on SF shows nothing. I haven't figured out on how to create a candle filter like that one
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four 5,087 posts msg #143996 - Ignore four modified |
7/2/2018 4:20:44 PM
You will need to add info to the filter for what you consider an up-trend.
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tmuesing 30 posts msg #143997 - Ignore tmuesing modified |
7/2/2018 4:21:14 PM
Maybe this "Candle Parts Filter" will help you.
Submit
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tmuesing 30 posts msg #144001 - Ignore tmuesing modified |
7/2/2018 4:35:54 PM
happy filtering!
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BenH 32 posts msg #144002 - Ignore BenH |
7/2/2018 6:39:31 PM
Thanks Gentleman. that gives me something to work with. Four, I was thinking 3 plus weeks
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four 5,087 posts msg #144005 - Ignore four modified |
7/2/2018 10:27:02 PM
"3 plus weeks"
Ok, there's your time (3 plus weeks).
Next, how is the trend measured as up (Indicator(s) and value(s))?:
Single indicator or combination of indicators:?
RSI(10) > 50, RSI(15) > 35
Stochastic (slow or fast)
1 or more moving averages (ma(9) > ma(30)
CCI(14) or CCI(100)
Bollinger Bands(20,2) or (15,2.2) or ...
Other...?
Next, position size and stop-loss and profit taker?
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