Crabel

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Scan Description: Described in the November 1989 issue of Stocks & Commodities magazine. The setup is a higher open after an “Inside Day” that was itself preceded by a higher high. In the article, this pattern was described by Crabel as “very rare” and “profitable 91% of the time when traded without stops.” http://stockcharts.com/school/doku.php?st=searchblogs%3Dscan+formula&id=chart_school:scan_library:published_scans:published_scans#toby_crabel_s_four-day_buy_pattern_scan

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