Bpa

Library "Bpa"
TODO: library of Brooks Price Action concepts

isBreakoutBar(atr, high, low, close, open, tail, size)
  TODO: check if the bar is a breakout based on the specified conditions
  Parameters:
    atr: TODO: atr value
    high: TODO: high price
    low: TODO: low price
    close: TODO: close price
    open: TODO: open price
    tail: TODO: decimal value for a percent that represent the size of the tail of the bar that cant be preceeded to be considered strong close
    size: TODO: decimal value for a percent that represents by how much the breakout bar should be bigger than others to be considered one
  Returns: TODO: boolean value, true if breakout bar, false otherwise

Versionsinformation:

v2

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v3

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v4

Added:
bullMicrochannel()

bearMicrochannel()

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v5

Removed:
bullMicrochannel()

bearMicrochannel()

Versionsinformation:

v6

Added:
isBreakoutBar2(atr, tail, size)
  TODO: check if the bar is a breakout based on the specified conditions
  Parameters:
    atr: TODO: atr value
    tail: TODO: decimal value for a percent that represent the size of the tail of the bar that cant be preceeded to be considered strong close
    size: TODO: decimal value for a percent that represents by how much the breakout bar should be bigger than others to be considered one
  Returns: TODO: boolean value, true if breakout bar, false otherwise

Versionsinformation:

v7

Added:
breakoutAbove(lookback)
  TODO: check if the bar is breaking out above a specified number of previous bars
  Parameters:
    lookback: TODO: number of previous bars to lookback
  Returns: TODO: boolean value

breakoutBelow(lookback)
  TODO: check if the bar is breaking below a specified number of previous bars
  Parameters:
    lookback: TODO: number of previous bars to lookback
  Returns: TODO: boolean value

Versionsinformation:

v8

Added:
breakoutFollowthrough(atr, tail, size)
  check if there's followthrough after a breakout
  Parameters:
    atr: value for breakout bar
    tail: decimal value for a percent that represent the size of the tail of the bar that cant be preceeded to be considered strong close
    size: decimal value for a percent that represents by how much the breakout bar should be bigger than others to be considered one
  Returns: boolean value

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v9

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v10

Added:
minFollowthrough()
  check for minimal followthrough needed after breakout
  Returns: boolean

Versionsinformation:

v11

Added:
isTrendBar()
  check if the bar is a trend bar
  Returns: boolean

isDoji()
  check if the bar is a doji bar
  Returns: boolean

Versionsinformation:

v12

Added:
isBullTrendBar()
  check if the bar is a bull trend bar
  Returns: boolean

isBearTrendBar()
  check if the bar is a bear trend bar
  Returns: boolean