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Sandwiched Bar

Sandwiched Bar or Sandwiched Candle indicator shows an arrow above High or below Low of a prospect "sandwiched candle".


Input Parameters

  • Previous Directional Bars : The number of consecutive bearish/bullish bars before the sandwiched bar.
  • Arrow Display Distance : Display distance in points above/below high/low of sandwiched bar.
  • Show Alert : Show alert message of possible signal
  • Send E-Mail : Send e-mail message of possible signal
  • Send Mobile Push Notifications : Send push notification message to mobile phone of possible signal
  • Print Message in Terminal Log : Print message of possible signal to Experts Log

Bullish Signal: when a Bearish Candle closes after a number of Bullish Candles, where the trader can open a pending buy stop order above the high of the Bearish Candle. The pending order will trigger once the Bearish Candle becomes "Sandwiched".

Bearish Signal: when a Bullish Candle closes after a number of Bearish Candles, where the trader can open a pending sell stop order below the low of the Bullish Candle. The pending order will get triggered once the Bullish Candle becomes "Sandwiched".

Bon Abetite,

Khalil Abokwaik

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