TraderLion Reversal Bars

19 thg 2, 2021

TraderLion Reversal Bars highlights key reversal bars for your technical analysis in a visual manner.

The script highlights Oops Up, Kicker, Three Bar Break, Upside Reversal, Power of 3, Outside Bullish/Bearish Days.

Default Settings: 3 Bar Break, Oops Up, Kicker

Oops Up - Price opens below prior day’s close and closes above. Concept by Larry Williams
Kicker - When the prior day closes down and the current day gaps above the entirety of yesterday’s action signaling a clear momentum change.
Three Bar Break - Price breaks above prior 3 closes and closes above on above-average volume.
Upside Reversal - Today’s price undercuts the prior day’s low but closes the day on a >= 50% closing range
Power of 3 - Power of 3 shows the strength and demand of stock to get through the 3 widely followed moving averages (10, 21, 50 daily moving averages)
Outside Bullish/Bearish Day - Price closes above/below the prior day’s high/low.

Each condition can be Alerted by right click a bar on the charts.

Suggestions? Comment below. Cheers!

1 thg 9, 2021

Phát hành các Ghi chú

1. Update chart to meet PineCode House Rules
2. Preparing code to add new Reversal Bars in upcoming updates.