FindOutsideVerticalBars with Alerts
This indicator looks for the Price Action OutSideVerticalBars (Outside bar) patterns and sets a signal pointer on the base bar and a pending order level on the signal bar. It also generates a signal about the detected pattern.
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 eight external parameters:
- Draw Patterns - draw the graphical representation of the pattern
- The color of Bullish pattern
- The color of Bearish pattern
- Fill or Frame pattern - fill the pattern with a color or draw only a frame
- Width of the frame pattern
- Use Alerts - notify about a pattern
- Send Push-notifications - send push-messages about the found pattern
- Send mail - send e-mail about the found pattern