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!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.