TraderLion Reversal Bars

2021년 2월 19일

TraderLion Reversal Bars highlights key reversal bars for your technical analysis in a visual manner.

The script highlights Oops Up, Kicker, Three Bar Break, Upside Reversal, Power of 3, Outside Bullish/Bearish Days.

Default Settings: 3 Bar Break, Oops Up, Kicker

Oops Up - Price opens below prior day’s close and closes above. Concept by Larry Williams
Kicker - When the prior day closes down and the current day gaps above the entirety of yesterday’s action signaling a clear momentum change.
Three Bar Break - Price breaks above prior 3 closes and closes above on above-average volume.
Upside Reversal - Today’s price undercuts the prior day’s low but closes the day on a >= 50% closing range
Power of 3 - Power of 3 shows the strength and demand of stock to get through the 3 widely followed moving averages (10, 21, 50 daily moving averages)
Outside Bullish/Bearish Day - Price closes above/below the prior day’s high/low.

Each condition can be Alerted by right click a bar on the charts.

Suggestions? Comment below. Cheers!

2021년 9월 1일

릴리즈 노트

1. Update chart to meet PineCode House Rules
2. Preparing code to add new Reversal Bars in upcoming updates.