5 Minute Red Bar Reversal
Table of Contents
The red bar reversal (RBR) pattern is based on a candlestick chart. The server signals this alert when a stock has gone up for three or more consecutive candles, and then it has a red candle.
The description of the alert will say how many candles in a row were going the same direction. This information is also available as a filter.
Alert Info for 5 Minute Red Bar Reversal [RBR5]
- description = 5 minute red bar reversal
- direction = -
- keywords = Candle Pattern End Of Candle Fixed Time Frame
- flip_code =
5 minute green bar reversal [GBR5]
- parent_code = RBR2