Hey Pete, Love your site and it has been so helpful in creating some custom stuff for TOS.
I had a question about creating a scan for a certain type of candlestick pattern. How would I go about making a scan where I can search for a stock where it has a one larger than average candlestick and then one smaller candlestick then another larger than average candlestick. I have attached a picture of what I am looking for. Is this possible?
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This needs to be clarified: "...larger than average candlestick..." How exactly should the computer measure what is an average candlestick?
Also, there is a very large library of candlestick patterns on Thinkorswim. They can be added to a chart or a scan. Have you taken the time to see if any of them match this pattern you have described?
I would look at the previous 10-15 bars to compare against and use that to get a larger than average candlestick. I think the closest I can use is the engulfing and harami candlestick patterns. But I'm not sure how to put it all together. Im not sure if I make myself more clear or not. length trend setup body factor
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