TweezerTop

Description

The Tweezer Top pattern consists of two consecutive bars with identical highs.

Formula

TweezerTop(INPUT)=begin

  retval = NONUM

  targetBar = 0

  cHigh = GetPrice($1, BATE_HIGH, targetBar, 0)

  pHigh = GetPrice($1, BATE_HIGH, (targetBar + 1), 0)

  if cHigh == pHigh then begin

    retval = 'TZ_'|clr_red|vertical|ftiny|above

  end

  retval

end

Parameters

INPUT

The INPUT directive makes this formula available as a Formula Overlay. INPUT refers to the instrument in the chart.

Return Value

This resistance indicator is rendered "TZ_" in red above the candlestick.

Examples

Comments

NA