StockFetcher Forums · General Discussion · Mat Hold ?<< >>Post Follow-up
mktmole
319 posts
msg #61018
Ignore mktmole
4/2/2008 8:52:33 PM

Has anyone coded this candlestick pattern?
tks

nikoschopen
2,824 posts
msg #61024
Ignore nikoschopen
4/2/2008 10:09:29 PM

This is about as close I can get without being too restrictive.

Fetcher[
sum(day point range,3) 1 day ago below day point range
count(sign(opcl) equals -1,5) equals 3
set{ratio, opcl / day point range}
ratio above 0.7
]



mktmole
319 posts
msg #61035
Ignore mktmole
4/3/2008 10:57:42 AM

Thanks Niko!
I see what u mean by being too restrictive as my efforts below show.
FYI.. this pattern along with Rising 3 were rated #1 and #4 respectively in the Top 10 continuation patterns in Bulkowski's new book.
Fetcher[/* Mat-Hold Candlestick pattern */
Close 4 days ago above open 4 days ago
and Close above close 5 days ago
and close 4 days ago above day position(0.55,1)
and do not draw close 4 days ago above day position(0.55,1)
and close 1 day ago below open 1 day ago
and close 1 day ago below close 2 days ago
and low 1 day ago above open 4 days ago
and low 2 days ago above open 4 days ago
and low 3 days ago above open 4 days ago
and close above open
and close above high 3 day high 1 day ago
and date offset 2 days
]




StockFetcher Forums · General Discussion · Mat Hold ?<< >>Post Follow-up

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