The screener scans the market for stocks that are forming a Three Line Break (3LB) reversal. Therefore, screening for stocks that are forming a 1st green block or a 1st red block
Works on all timeframes.
To adjust screener parameters, simply open the Variables 🔧 menu :
A first filtering of stocks is carried out on the Daily time frame to ensure the minimum liquidity required.
- minimum stock price (for those who do not wish to have a penny in the results for example)
- minimum average volume (expressed in number of transactions or capital exchanged) to have the desired level of liquidity on the stock.
Résults Ranking :
The results are classified in the “Green / Red” column as follows :
- 1 : 1st green block
- -1 = 1st red block
Details of the screener indicator included with the screener :
The 3LB trend reversal indicator can be displayed on both a 3LB chart and a Price chart.
The green and red dots in the images below are the 1st green and red blocks on the 3LB chart, and the corresponding candles on the Price chart.
The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.
Availables filters :
- Search for 1st green block,
- Search for 1st red block..
General filter :
- Minimum stock price,
- Minimum average volume,
- Average volume expressed in transaction number or in capital exchanged.
Characteristics :
- Works on all TimeFrames
- ProRealTime V11 and later versions compatible
- Free ProRealTime (daily closings) compatible
- Automatic and free updates
- Three Line Break Reversal Indicator Included
Watch the video user’s guide on our Youtube channel, subtitles available in English :
🇫🇷 Three Line Break / 🇮🇹 Interruzione di tre linee / 🇩🇪 Drei Zeilenumbrüche / 🇪🇸 Salto de tres líneas
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