3 Bar Play

3 Bar Play Image
RUN IN STOCK SCREENER
(5)

The 3 Bar Play is a bullish continuation pattern that appears after a stock has made a strong directional move. It signals that a brief pause in price is likely to be followed by a continuation in the same direction.


Stock Screener Settings

(high<=(previousHigh*1.005))

Defining relation between the latest and previous bar

Price VS SMA: Price Above SMA(200)

Long Term Trend Positive

Exchange: US Only

Only US Stocks

Price: Above 5

Minimum Price

Price: Below 100

Maximum Price

(high>=(previousHigh*0.995))

Defining relation between the latest and previous bar

(previousHigh<=(previousClose*1.03))

Defining the previous bar's High and Closing Price

(low>=(previousOpen*1.01))

Defining relation between latest and previous bar

(previousClose>(previousOpen*1.03))

Defining the previous bar's closing and openings price

Average Volume: 50 SMA > 200K

This filter ensures liquidity.

(previousHigh>=high10days)

Defining relation between previous and latest bar

RUN
Chart Settings

Daily Candles

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.