PureBytes Links
Trading Reference Links
|
thanks David
Pattern: Reversal
Trend: Bullish
Reliability: High
How to Identify it
a.. Three long white days occur, each with a higher close than the previous day
b.. Each day opens within the body of the previous day and closes near the high of the day
What it Means
In a downtrend three long white days occur with consecutively higher closes. Generally this suggests future market fortitude, as a reversal is in progress that is building on moderate upward steps.
------=_NextPart_001_0041_01C0B76E.A4C603E0
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=iso-8859-1">
<META content="MSHTML 5.50.4611.1300" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#00ffff>
<DIV><FONT face=Arial size=2>
<CENTER><FONT face="Helvetica, Arial">Hi all does anyone one know how to code
this candle pattern ?</FONT></CENTER>
<CENTER>I guess it needs a few if statements maybe some more accomplished codes
could post some code using multi if statements then I could modify it to suit
</CENTER>
<CENTER> </CENTER>
<CENTER>thanks David</CENTER><FONT face="Helvetica, Arial"></FONT></FONT></DIV>
<DIV><FONT face=Arial size=2><FONT face="Helvetica, Arial">
<CENTER><BR> </CENTER></FONT>
<TABLE width="58%" border=0>
<TBODY>
<TR>
<TD noWrap width="50%">
<BLOCKQUOTE><A href="http://www.litwick.com/terms.html#Pattern"><FONT
face="Helvetica, Arial">Pattern</FONT></A><FONT
face="Helvetica, Arial">: Reversal<BR></FONT><A
href="http://www.litwick.com/terms.html#Trend"><FONT
face="Helvetica, Arial">Trend</FONT></A><FONT face="Helvetica, Arial">:
Bullish<BR></FONT><A
href="http://www.litwick.com/terms.html#Reliability"><FONT
face="Helvetica, Arial">Reliability</FONT></A><FONT
face="Helvetica, Arial">: High</FONT> </BLOCKQUOTE></TD>
<TD noWrap width="50%">
<P align=center><IMG height=108
src="http://www.litwick.com/indicators/images/2144.gif" width=96
align=bottom border=1> </P></TD></TR></TBODY></TABLE><FONT
face="Helvetica, Arial"></FONT>
<P><FONT face="Helvetica, Arial" size=4><I><B>How to Identify
it</B></I></FONT></P>
<UL>
<LI><FONT face="Helvetica, Arial">Three long white days occur, each with a
higher close than the previous day</FONT>
<LI><FONT face="Helvetica, Arial">Each day opens within the body of the
previous day and closes near the high of the day</FONT> </LI></UL>
<P><FONT face="Helvetica, Arial" size=4><I><B>What it Means</B></I></FONT></P>
<P><FONT face="Helvetica, Arial">In a downtrend three long white days occur with
consecutively higher closes. Generally this suggests future market fortitude, as
a reversal is in progress that is building on moderate upward
steps.</FONT></P></FONT></DIV></BODY></HTML>
------=_NextPart_001_0041_01C0B76E.A4C603E0--
Attachment:
Description: ""
|