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Tony Oz - Bottom Fisher Scan

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    Tony Oz - Bottom Fisher Scan

    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
    Last edited by jalexander; 07-30-2014, 01:09 PM.

    #2
    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.
    Patrick H.NinjaTrader Customer Service

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