Requesting Reversal Bar Indicator
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I am looking for an indicator that can spot reversal bars.
My criteria for a reversal bar is a bar who's range is greater than the avg range of the last 5 bars and opens below the center(of the bar) and closes above the center for longs and opens above the center and closes below the center for shorts. I would also like to have an EMA(89) filter that only signals reversal bars above the MA for longs and only below the MA for shorts.
I would be willing to privately share the system that calls for this indicator with who ever can produce it for me.
Many thanks.