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Pivot Point pattern

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Username: bib

Post Number: 188
Registered: 04-2007

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Tuesday, June 01, 2010 - 01:57 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Hi Colin,
Any chance of developing a scan for basic patterns such as the 3 bar weekly and daily pivot point. Eg, 3 bars, middle bar lowest and third bar closing above the high of the middle bar? Usefull in identifying the start of a potential move and should not be to hard to program. This is a common pattern used by the Daytrader whose column appears each wednesday in the Melbourne Herald Sun.

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