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Looking to develop an expert advisor based on OHLC price action patterns. I'll do my best to explain but please ask questions to get me to elaborate so that you have a firm picture of what I'm looking for when making your bid.
I'd like to define several bar shapes based on the relative prices of a previous bar or "set" of bars. So if you take a single candle, I might define one of the "shapes" as having an open and close within 5% or so of one another, and less than 10% of the "open/close" price minus "low" price either below or above it (note: this describes a pretty basic "pin" bar). I would want to be able to basically define several shapes, such as the pin bar or others, according to these relative percentages, and then optimize a trading strategy around it.
See attached file for an example of the few shape "types" I'd define based on relative percentage of the overall price move made during that bar. Of course the i...
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