OPEN-SOURCE SCRIPT
Bullish Reversal Screener
15 candles down side. in between green candles will be there can be ignored. bullish englfing candle after 15 days of down trend. rsi should come above 40 by crossing 30 at any time of 15 days. volume should be 300000. MACD should be going above 0.4. avoid penny stocks
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
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.