outside bar in candlestick pattern tool

Optuma Desktop Feature Requests
1

The candlestick pattern tool has bullish engulfing and bearish engulfing pattern but I am interested in another type of engulfing where the low and the high of the previous candle is taken out. Could you pls add this to the candlestick pattern tool?

Thanks and best regards

Marc

broadening-formation-based-on-outside-bar-.jpeg
broadening-formation-based-on-outside-bar-.jpeg907×462 32 KB

2

Hi Marc,

We have a BARTYPES function that you can use for outside bars. You can combine it with other logic if required eg close must be above the open, or above the midpoint:

BARTYPES().Outside and BARTYPES().CloseAboveMid

 

3

Hi Darren,

What I am after is the coloured background on the chart to identify where the outside bar occur. I use a script for that but I prefer the background colour if possible

best
Marc

4

Hi Darren, I am trying to scan for an outside bar (as per described in the above attachment) in Monthly, Quarterly and Yearly time frames.

I use the formula below:

HIGH(month(PERIODAMOUNT=1)) > high(month(PERIODAMOUNT=1), OFFSET=1)
and low(month(PERIODAMOUNT=1)) < low(month(PERIODAMOUNT=1), OFFSET=1)

It does not work. It only works in Day and Week.

Is there anyway to get it to work on higher timeframes?

Thanks and best regard
Marc

5

I found how to do it with the security selection menu.