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Is something like this possible ?


I have little experience in what the limitation

of possible code is





1. A low is made.

2. A rally takes place.

3. Market moves down to a  higher low but at least a certain % higher than the prior low. ( maybe no more than 60% retrace )

4. within 4 or 5 days of that recent low ( would not want this too long );

When,

 Close is > than the previous close.

 Close is > than the close of low in step 1.

 The range is > than previous bar’s range.

 Today's close is > than the mid range of the bar


Go long next bar


for short  reverse the triggers


You would also Need to define the trend these triggers will operate on

maybe from the next time frame up .

eg triggers daily

on a trend defined by weekly


It would define a pull back entry with the trend long or short

hopefully avoid whipsaws and false breakouts




motorway


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