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HPotter
5 Th04 2014 05:02

Three Outside Down automatic finding script 

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Hi
Let me introduce my Three Outside Down automatic finding script.
This is a three candlestick bearish reversal pattern consisting of a bearish
engulfing pattern formed by the first two candlesticks then followed by a down
candlestick with a lower close than the prior candlestick.
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oye
HP, i think outside bars are different from engulfing candles as in the former case, the second candle should completely engulf both body and tail and should close above/below high /low.
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