Reply To: bearish tweezer top

Optuma Forums Optuma Scripting bearish tweezer top Reply To: bearish tweezer top

#68209
Marc
  • Topics: 18
  • Replies: 29
  • Posts: 47

hi,

The idea is to identify the reversal pattern that you can see on $PEP today and in attachment.

The second peak is composed of a tweezer top with long bodies (personally I ignore dojis). The exact same high is not necessary.

I look for all highest high in the last week and would like to add the Tweezer pattern in the mix.
V1 = High() CrossesAbove HIGHESTHIGH(BACKTYPE=Months, BARS=6) ;
TIMESINCESIGNAL(V1, UNIT=Weeks) <= 1

Thanks
Marc

Pin It on Pinterest