3 Bar Play

3 Bar Play Image
RUN IN STOCK SCREENER
(4)

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

Price VS SMA: Price Above SMA(200)

Long Term Trend Positive

(previousClose>(previousOpen*1.03))

Defining the previous bar's closing and openings price

Price: Below 100

Maximum Price

(previousHigh<=(previousClose*1.03))

Defining the previous bar's High and Closing Price

(previousHigh>=high10days)

Defining relation between previous and latest bar

Price: Above 5

Minimum Price

(low>=(previousOpen*1.01))

Defining relation between latest and previous bar

(high<=(previousHigh*1.005))

Defining relation between the latest and previous bar

Average Volume: 50 SMA > 200K

This filter ensures liquidity.

Exchange: US Only

Only US Stocks

(high>=(previousHigh*0.995))

Defining relation between the latest and previous 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.