Linda Raschke's Three Bar Triangle breakout formation

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bsegura
Posts: 32
Joined: Tue Jan 12, 2021 11:56 am

Linda Raschke's Three Bar Triangle breakout formation

Post by 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
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Re: Linda Raschke's Three Bar Triangle breakout formation

Post by 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
Posts: 32
Joined: Tue Jan 12, 2021 11:56 am

Re: Linda Raschke's Three Bar Triangle breakout formation

Post by bsegura »

Thanks - I did not consider that.
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