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.
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 05/04/2014 // This is a three candlestick bullish reversal pattern consisting of a bullish // engulfing pattern formed by the first two candlesticks then followed by an up // candlestick with a higher close than the prior candlestick. //////////////////////////////////////////////////////////// study(title = "Three Outside Up", overlay = true) barcolor(open > close ? close > open ? close >= open ? close >= open ? close - open > open - close ? close > open ? close > high ? yellow : na : na : na:na : na : na : na)