Outside bars occur when the range of a candlestick falls entirely outside of the previous candlestick's range. This indicates indecision and volatility expansion which often leads to changes in trend direction. This indicator includes options such as: - The number of consecutive outside bars required to trigger the indicator - An arrow indicating whether the...
This strategy is taken from Perry Kaufman's book "Trading System and Methods". You can enter on the direction of the candle, or opposite to it. I find that the opposite tends to yield better results in volatile assets, allowing a better reward to risk ratio. There is no stop loss in this strategy, only a fixed take profit and a time limitation.
This indicator provides a statistical report on the Engulfing/ Outside Bar candlestick pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes. Knowing there are many definitions about the Engulfing/ Outside Bar pattern, here we're strictly referring to one bar's body engulfing one other AND making a higher high and lower low. ...
This indicator provides a statistical report on the Outside Bar candlestick pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes. Knowing there are many definitions about the Outside Bar pattern, here we're strictly referring to one bar's extremes beyond one other. The report is broken down into the different following...
Candlestick Reversal Pattern V1 by Phi35 - 9rd September 2016 © Check also my " Candlestick Continuation Pattern " indicator which will follow soon! Do not modify the code without my permission! If there is an issue or any suggestions, feel free to contact me on the link below www.tradingview.com www.tradingview.com It seems to work well but still no...