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Bullish Reversal Setup:
- The first bar in the sequence is the highest, indicating a downtrend.
- Most bars in the sequence are bearish.
- Last bar's high above all bars in the sequence. A stronger signal if its close is also higher.
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Bearish Reversal Setup:
- The first bar in the sequence is the lowest, indicating an uptrend.
- Most bars in the sequence are bullish.
- Last bar's low falls below all bars. A stronger signal if its close is also lower.
validated using Supertrend or halftrend. Any of these. But just 1 to keep small.
Sure, I'll look into it and let you know. If the patterns are profitable, I'll make the Indicator to show patterns on a single chart.
I won't be able to make a scanner yet. But I'll send an update if I do.
ty..yes just a single chart will be great. Need a pattern and should happen inside of minimum no of bar making the patern. means if min 10 or min is 20 then pattern is for 20 bars.
Hi,
Product is up on mql5 site:
https://www.mql5.com/en/market/product/124355
It's detailed blog post with screenshots and extra downloads:
https://www.mql5.com/en/blogs/post/759317
Sorry, I won't be making a scanner for this one. I want to keep it for manual trading for single charts only.
Because actual trade should not happen as soon as pattern occurs. It should only happen after a breakout. And scanner alerts for a pattern might confuse users to trade immediately.
Wow thanks!!!
I'll buy it soon. Wish I get another token soon. Have 1 more idea i need to run by u.
