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Article/Author: Omega research Inc., 1997

Signal Code:

VAR: COUNTER(1);

 IF OUTSIDE = 1 THEN COUNTER = COUNTER + 1;



IF COUNTER = 5 THEN

BEGIN

    BUY THIS BAR CLOSE;

    COUNTER =1;

END;

PRINT(COUNTER,"  ",DATE:6:0,"  ","# OF OUTSIDE BARS");