Linda Raschke's Three Bar Triangle breakout formation

[bsegura]

Here is Linda Raschke's three bar Triangle Breakout formation

This represents a coiling occurring in the lower timeframe.

She states: "High below two day high and Low above two day low"

cond := if((ref(high,2)>ref(high,1)) & (ref(high,1)>high) & (ref(low,2)<ref(low,1)) & (ref(low,1)<low),1,0);
FILLRGN(1,cond,0),Brush#D000000F0;

Regards
-Brian

[henry1224]

Hello Brian,
your use of the FILLRGN will cause problems in a scan, I would not use it,

FILLRGN(1,cond,0),Brush#D000000F0;

[bsegura]

Thanks - I did not consider that.