Bullish Swing setup

Category: Screeners By: Nicolas Created: August 30, 2017, 8:12 AM
August 30, 2017, 8:12 AM
Screeners
3 Comments

A simple but effective bullish swing setup that someone asked me recently.

The bullish trend is established and price is consolidating and still near than the latest 20 days high and below the 10 days moving average, maybe a good time for a possible new buy? Hope it helps swing traders around here.

//PRC_Bullish Swing Setup | screener
//30.08.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

c1 = close>average[20]
c2 = average[50](volume)>20000
c3 = close<average[10]
c4 = close/highest[20](high)>0.85
c5 = summation[20](average[10]>average[20])=20

swing = c1 and c2 and c3 and c4 and c5

screener[swing] (close/highest[20](high))

 

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Filename: PRC_Bullish-Swing-Setup.itf
Downloads: 439
Nicolas Master
I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!
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