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FindOutsideVerticalBars

This indicator looks for the Price Action Outside bar patterns and sets a signal pointer on the base bar and the level of a pending order on the signal bar.

BUOVB - Bullish Outside Vertical Bar.

The signal bar completely covers the previous one, its Close price is above the High of the previous bar. Enter a trade at the breakthrough of the High of the signal bar + filter (5-10 points).

BEOVB - Bearish Outside Vertical Bar.

The signal bar completely covers the previous one, its Close price is below the Low of the previous bar. Enter a trade at the breakthrough of the Low of the signal bar + filter (5-10 points).

The indicator has three external parameters:

  • DrawGraphic - draw graphical objects.
  • BullishObjectsColor - the color for long objects.
  • BearishObjectsColor - the color for short objects.
Maksym Mudrakov
8449
2016.08.31 07:09 
 

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xSAMMAELx
232
2014.09.29 17:43 
 

User didn't leave any comment to the rating

Vadim Strelkov
7841
2014.05.12 12:48 
 

User didn't leave any comment to the rating