PROTECTED SOURCE SCRIPT
Outside Reversal Candle
Updated
A lot of people get freaked out by outside reversal Days in the market like what we had yesterday.
"I think a great learning tool would be an indicator that highlights on the chart any outside reversal bar"
Rules:
With indicator every Outside Reversal candle body and background is highlighted,
People can now easily go back in time and see what happened after and make adjustments to their strategies.
"I think a great learning tool would be an indicator that highlights on the chart any outside reversal bar"
Rules:
- both the high and the low is higher than the previous day
- the low of the day is in the bottom 1/3 of the price range
- the volume is higher than the bar immediately before it
With indicator every Outside Reversal candle body and background is highlighted,
People can now easily go back in time and see what happened after and make adjustments to their strategies.
Release Notes
Equals added to the 3rd checkRelease Notes
added text
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.