Outside Indicator/Strategy

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Outside Indicator/Strategy

Postby Reymondpolanco » Mon Dec 10, 2018 11:44 am

Can you make an indicator and strategy for outside and pinbar pattern but something like this:

The picture above is an example.
Weak Outside Red: when the red candle only cover the body of the green candle but not the shadow. (the signal can be a little blue circle above the pattern)

Strong Outside Red: when the red candle cover all the green candle including the shadow. (the signal can be a little red circle above the pattern)

Weak Outside Green: when the green candle only cover the body of the red candle but not the shadow. (the signal can be a little blue circle below the pattern)

Strong Outside Green: when the green candle cover all the red candle including the shadow. (the signal can be a little red circle below the pattern)

Green Pinbar: when the size of the shadow is at least 3x the size of the body of the candle. (the signal can be a little red triangle below the pattern)

Red Pinbar: when the size of the shadow is at least 3x the size of the body of the candle. (the signal can be a little red triangle above the pattern)

Can you add some rules: for example if some of this pattern are in some psycological zone marke it with two circles. Of the signal. Psycological zone like 45.00, 0.9900, 1.5000, 1.55000. if the pattern is touching any line I draw in the chart mark it with two circles (this rule is the most important).
Attachments
2.png
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Re: Outside Indicator/Strategy

Postby Reymondpolanco » Tue Dec 11, 2018 3:05 pm

Please can you check it because the signals are not putting in the correct pattern for example i saw red circles bellow Strong Outside Green and the same in the Weak Outside Green and the signal are different for each one.
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Re: Outside Indicator/Strategy

Postby Apprentice » Wed Dec 12, 2018 7:46 am

Can you give me chart examples?
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Re: Outside Indicator/Strategy

Postby Reymondpolanco » Tue Jan 08, 2019 10:58 am

Apprentice wrote:Can you give me chart examples?
Attachments
EURCAD H1 (01-08-2019 0950).png
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Re: Outside Indicator/Strategy

Postby Reymondpolanco » Tue Jan 08, 2019 10:59 am

Can you delete the signals for the pinbar please.
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Re: Outside Indicator/Strategy

Postby Apprentice » Thu Jan 10, 2019 4:13 pm

Try an updated version of Outside Indicator and Outside Bar Strategy.
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