3.customize pattern

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3.customize pattern

Postby siapmn » Tue Apr 13, 2021 12:19 pm

I want this Indicator with Alert
Thank you very much

Pattern 3:
Uptrend;
Notice: In this pattern, the most important thing is the "High Shadow" of the candle, not the body, shape or even the low shadows.
Candle 1: The candle size has to be standard. The length of the high shadow has to be at least 30% of the whole candle. (The candle could be both bearish and bullish.)
Candle 2: The length of the high shadow has to be at least 10% of the whole candle. It should be a candle which its total shadows are at least 50%. Its high shadow has to be lower than the high shadow of the first candle. (The candle could be both bearish and bullish.)
Candle 3: The candle size has to be standard. The length of the high shadow has to be at least 30% of the whole candle. Its high shadow must engulf the first candle's high shadow. (The candle could be both bearish and bullish.)

Downtrend;
Notice: In this pattern, the most important thing is the "Low Shadow" of the candles, not the body, shape or even the high shadows.

Candle 1: The candle size has to be standard. The length of the low shadow has to be at least 30% of the whole candle. (The candle could be both bearish and bullish.)
Candle 2: The length of the low shadow has to be at least 10% of the whole candle. It should be a candle which its total shadows are at least 50%. Its low shadow has to be higher than the low shadow of the first candle. (The candle could be both bearish and bullish.)
Candle 3: The candle size has to be standard. The length of the low shadow has to be at least 30% of the whole candle. Its low shadow must engulf the first candle's low shadow. (The candle could be both bearish and bullish.)

Range Candle (pip) Formula:
(Price * 66%) = Daily Range Candle (pip)
Notice : If price has Decimal places we need An integer Number>>>>>
for example :
Daily Range = (0.92935*66%)=0.613 >>> 0.613*100 = 61 pip
Daily Range = (10.964*66%)=7.23624 >>>> 7.234*10 = 72 pip
Daily Range = (77.706*66%)=51 pip
Daily Range Candle * 5.5 = Monthly Range Candle
Daily Range Candle * 2.6 = Weekly Range Candle
Daily Range Candle * 40% = 4 hour Range Candle
Daily Range Candle * 20% = 1 hour Range Candle
Daily Range Candle * 10% = 15 minutes Range Candle
Daily Range Candle * 5% = 5 minutes Range Candle

Candle Size Formula:
1% of Range Candle ≤ Spinning Candle ≤ 79% of Rang Candle.
80% of Range Candle ≤ Standard Candle ≤ 120% of Rang Candle.
121% of Range Candle ≤ Long Bar Candle ≤ 250% of Rang Candle.
250% of Range Candle ≤ Spike Candle ≤ ∞ unlimited.


Inside Bar Candle: Its open and close has to be between high and low of the previous candle (mother).
Attachments
fx 3 .jpg
Last edited by siapmn on Sun Apr 18, 2021 2:51 am, edited 3 times in total.
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Re: 3.customize pattern

Postby Apprentice » Tue Apr 13, 2021 1:14 pm

Your request is added to the development list.
Development reference 352.
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Re: 3.customize pattern

Postby siapmn » Tue Apr 27, 2021 1:37 pm

Apprentice Please Let's simplify the formula this time (Please ignore the previous formula):
I'm looking for three candle with such a pattern that they make double top and double button divergence.

double top divergence
Candle 1: The first candle has a long high shadow.

Candle 2: high shadow is lower than the high shadow of the Candle 1.
Candle is inside bar.
The low shadow is lower than the low shadow candle 1.

Candle 3: The high shadow is higher than candle 1 and 2.



double button divergence
Candle 1: The first candle has a long low shadow.

Candle 2: low shadow is higher than the low shadow of the Candle 1.
Candle is inside bar.
The high shadow is higher than the high shadow candle 1.

Candle 3: The low shadow is lower than candle 1 and 2.
Attachments
asasassa.jpg
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