Custom candle pattern

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Custom candle pattern

Postby Alexander.Gettinger » Fri Jun 22, 2012 4:41 pm

The indicator provides the user to specify a custom format pattern candle and draws patterns on the chart.
U - UP candle (Close>Open),
D - DOWN candle (Close<Open),
N - Nothing (UP or DOWN).

For example, Pattern="UUUD":
Custom_Pattern.PNG


Pattern="UNDDD":
Custom_Pattern2.PNG


Download:
Custom_Pattern.lua
(2.71 KiB) Downloaded 1140 times
Alexander.Gettinger
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Re: Custom candle pattern

Postby Alexander.Gettinger » Fri Jun 22, 2012 4:42 pm

MQL4 version of this indicator: viewtopic.php?f=38&t=20494
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Re: Custom candle pattern

Postby luigipg » Sat Jun 23, 2012 1:29 am

Please I already required a signal for this indicator, can you do it? Thanks a lot. Luigi!!!
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Re: Custom candle pattern

Postby Alexander.Gettinger » Mon Jun 25, 2012 4:18 pm

luigipg wrote:Please I already required a signal for this indicator, can you do it? Thanks a lot. Luigi!!!


OK.
I will write signal/strategy.
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Re: Custom candle pattern

Postby luigipg » Tue Jun 26, 2012 1:21 am

Thanks a lot Alexander. Very kind. Luigi!!!
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Re: Custom candle pattern

Postby Alexander.Gettinger » Tue Jul 17, 2012 4:31 pm

Strategy based on this indicator: viewtopic.php?f=31&t=21108
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Re: Custom candle pattern

Postby nookie » Fri Oct 09, 2015 6:05 am

Hi, I am looking for something similar, recognition of candle in the following way, is that achievable?

if close is more than 60% of price spread > green same dot
if close is less than 40% of price spread > red same dot
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Re: Custom candle pattern

Postby Apprentice » Mon Oct 12, 2015 5:43 am

Can you define "price spread"?
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Re: Custom candle pattern

Postby nookie » Mon Oct 12, 2015 10:28 am

Sure, price spread = High - Low
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