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Linda Raschke's Three Bar Triangle breakout formation

Posted: Sun Jan 17, 2021 12:01 pm
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

Re: Linda Raschke's Three Bar Triangle breakout formation

Posted: Tue Jan 26, 2021 6:04 pm
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;

Re: Linda Raschke's Three Bar Triangle breakout formation

Posted: Sat Jan 30, 2021 7:16 am
by bsegura
Thanks - I did not consider that.