Where the daily open and close cover at least 60% of the daily range accompanied by range expansion.
1) Up close, 2) open is in the bottom 20% of the daily range, 3) close in the top 20% and 4) the daily range is greater than the 14 day average true range.
Scan criteria for both scans above:
1) Down close, 2) open is in the top 20% of the daily range, 3) close in the bottom 20% and 4) the daily range is greater than the 14 day average true range.
Scan criteria for both scans above:
1) 80-20 candles;-
2) Common criteria for all scans above:-
See also:
NYSE & NASDAQ Short-term pattern scans:-
NYSE & NASDAQ Medium-term pattern scans:-
NYSE & NASDAQ Medium-term trend pivot point scans:-
NYSE & NASDAQ Medium-term trend change scans:-
NB. Our scans are inspired by eminent traders and speculators of the present and past!