Tony Oz - Bottom Fisher Scan

[jalexander]

I'm wondering if there is already an indicator that does something similar to this, which I could use as a base.

It is an indicator that I would be looking to use in Market Analyzer as a stock scanner.

1. Find stocks that have closed down 3 or more days in a row.
2. The "Trigger" event is if the stock is currently trading above yesterdays close.

i.e. try's to pick the reversal point after a stock has bottomed.

Usually this would be an intraday scan, i.e. you'd scan at 10am to 11:30am to try and catch the reversal as it happens.

Bottom Fisher: http://www.tonyoz.com/bottom.htm

[NinjaTrader_PatrickH]

Hello jalexander,

Thank you for your post.

I am not aware of such an indicator. The code for the fall would be if(Close[3] < Open[3] && Close[2] < Open[2] && Close[1] < Open[1] && Close[0] > Close[1]).

You could then incorporate ToTime() for you check of the time. you can find an example of using a time filter at the following link: http://www.ninjatrader.com/support/f...ead.php?t=3226

If you have any questions please let me know.