Rules: 1. The first candlestick is a long red candlestick. 2. The second candlestick is a short red candlestick which gaps below the first candlestick. 3. The third candlestick is either a short green candlestick or a short red candlestick which closes below the second candlestick. 4. The fourth candlestick is a short red candlestick which closes below the third candlestick. 5. The fifth candlestick is a long green candlestick which closes in the gap created between the first and second bars. Pattern Type: Bullish Reversal.
' Assign the parameters to script variables. _symbolIndex = symbolIndex _minCandleSize = minCandleSize
' Get the opening prices of the symbol, indexed by bar index. Define open() As Number = BarOpen(_symbolIndex, barIndex, 5) ' Get the highest prices of the symbol, indexed by bar index. Define high() As Number = BarHigh(_symbolIndex, barIndex, 5) ' Get the lowest prices of the symbol, indexed by bar index. Define low() As Number = BarLow(_symbolIndex, barIndex, 5) ' Get the closing prices of the symbol, indexed by bar index. Define close() As Number = BarClose(_symbolIndex, barIndex, 5) ' Check whether the first candlestick matches. If (open(4) > close(4) And _ (-100 * (close(4) - open(4)) / open(4) > _minCandleSize)) Then ' Check whether the second candlestick matches. If (open(3) > close(3) And _ high(3) < low(4) And _ (-100 * (close(3) - open(3)) / open(3) < _minCandleSize)) Then ' Check whether the third candlestick matches. If (close(3) > close(2) And _ MathAbs((100 * (close(2) - open(2)) / open(2)) < _minCandleSize)) Then ' Check whether the fourth candlestick matches. If (open(1) > close(1) And _ close(2) > close(1) And _ (-100 * (close(1) - open(1)) / open(1) < _minCandleSize)) Then ' Check whether the fifth candlestick matches. If (open(0) < close(0) And _ close(0) < low(4) And _ close(0) > high(3)) Return 5 End If End If End If End If End If Return 0