Reply To: Selling Climax

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#54423
MatthewMatthew
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Hi Paul,

Do the criteria occur on the same bar?  Or does the high get taken out by one bar, then the close is lower than that bars close the following week?

The script below is the first setup, where they occur on the same bar, the other setup would be trickier.

This script has been designed to be ran on a Weekly time frame scan / weekly chart…

On the chart the result looks like this:

Ex4

The green line is the 52 week high, and the shaded green section is the bar that passes (New 52 week high set, Close is lower than previous weeks close).

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