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Ladies and Gents
Not sure whether this will be a hard one or not but I
have an idea for a system and need to get a little
help with how to code a particular pattern to search for.
Here's some rules for the pattern I'm looking for:
1. Need to find two swing highs (or lows) to signal a
change in trend in a bearish market. (Can be daily or
intraday bars).
2. Each of the swinghighs must be X points above the highs
on either side of it. This pattern could occur within
3 bars, or more.
3. The "two swinghigh" pattern must to be 2 days or more
apart.
Seeing as this 2 swinghigh change-of-trend pattern could
all occur within 6 bars, 10 bars, or in 20 bars, how can
I code this in EL? Should I have some kind of array?
Or maybe a sort of loop?
If you have any questions or if I can clarify any of
these rules please let me know. Would appreciate any
help.
Best regards,
Murray.
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