I try to research and develop some pattern when the market is weak:
In this case I try 3 patterns below:
var int cnt_out_up = 0
Pattern #1: Big drop
wma_11 = ta.wma(close, 11)
wma11 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_11, lookahead=barmerge.lookahead_on)
wma_48 = ta.wma(close, 48)
wma48 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_48, lookahead=barmerge.lookahead_on)
rsi = ta.rsi(close, 9)
bigdrop = rsi + 8 < rsi[1] and close > wma48
if bigdrop
cnt_out_up := cnt_out_up + 1
Pattern #2
var int cnt_put = 0
gain1 = math.abs(close-close[1])
gain2 = math.abs(close[1]-close[2])
pattern_put = close[1]>close[2] and close[2]>close[3] and high<=high[1] and close <= close[1] and (gain1-gain2)/gain2 <= -0.5 or ((high-low)-(high-close)) / (high-low) < 0.25 and wma11<wma48
if pattern_put
cnt_put := cnt_put + 1
if pattern_put and cnt_put == 1
cnt_out_up := cnt_out_up + 1
Pattern #3
oc = math.abs(open[1]-close[1])
hl = math.abs(high[1]-low[1])
ochl = (oc-hl)/hl
ll = (low[1]-low[2])/low[2]
is_br = open[2] < close[2] and open[1] < close[1] and close < open and close[2] < close[1] and close[1] > close and ochl < 0.1 and (low[3] < low[2] and low[2] < low[1])
If pattern #1, #2 and #3 occur then I set a PUT trigger.
Try this one and enjoy!
In this case I try 3 patterns below:
var int cnt_out_up = 0
Pattern #1: Big drop
wma_11 = ta.wma(close, 11)
wma11 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_11, lookahead=barmerge.lookahead_on)
wma_48 = ta.wma(close, 48)
wma48 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_48, lookahead=barmerge.lookahead_on)
rsi = ta.rsi(close, 9)
bigdrop = rsi + 8 < rsi[1] and close > wma48
if bigdrop
cnt_out_up := cnt_out_up + 1
Pattern #2
var int cnt_put = 0
gain1 = math.abs(close-close[1])
gain2 = math.abs(close[1]-close[2])
pattern_put = close[1]>close[2] and close[2]>close[3] and high<=high[1] and close <= close[1] and (gain1-gain2)/gain2 <= -0.5 or ((high-low)-(high-close)) / (high-low) < 0.25 and wma11<wma48
if pattern_put
cnt_put := cnt_put + 1
if pattern_put and cnt_put == 1
cnt_out_up := cnt_out_up + 1
Pattern #3
oc = math.abs(open[1]-close[1])
hl = math.abs(high[1]-low[1])
ochl = (oc-hl)/hl
ll = (low[1]-low[2])/low[2]
is_br = open[2] < close[2] and open[1] < close[1] and close < open and close[2] < close[1] and close[1] > close and ochl < 0.1 and (low[3] < low[2] and low[2] < low[1])
If pattern #1, #2 and #3 occur then I set a PUT trigger.
Try this one and enjoy!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.