HPotter

Shooting Star automatic finding script

Hi
Let me introduce my Shooting Star automatic finding script.
This is a bearish reversal candlestick which occurs in an uptrend. It has a long
upper shadow with little, or no lower shadow, and a small real body near the lows
of the session.

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Want to use this script on a chart?
////////////////////////////////////////////////////////////
//  Copyright by HPotter v1.0 11/04/2014
//    This is a bearish reversal candlestick which occurs in an uptrend. It has a long 
//    upper shadow with little, or no lower shadow, and a small real body near the lows 
//    of the session. 
////////////////////////////////////////////////////////////

study(title = "Shooting Star", overlay = true)
barcolor(open[1] < close[1] ? open > close[1] ? high - max(open, close) >= abs(open - close) * 3 ? min(close, open) - low <= abs(open - close) ? yellow :na :na :na :na )