Best buy stocks for intraday
January 16, 2018, 12:22 AM
Screeners
3 Comments
This screener is a simple compilation of several conditions to identify the actions rising during the current day, based on detections of candle size (the most recent being larger than the last 7) and breakouts of the weekly levels and monthly.
A trend filter based on exponential moving averages is also present.
I came across this strategy by browsing the internet the other day, you will find below the corresponding screener code:
if DayOfWeek<DayOfWeek[1] then
weeklyopen = open[0]
endif
If Month<>Month[1] then
monthlyOpen = open[0]
endif
myrange = range
count=0
for i = 1 to 7 do
if myrange>range[i] then
count=count+1
else
break
endif
next
c1 = count=7
c2 = close>open
c3 = close>close[1]
c4 = close[0]>weeklyopen
c5 = close[0]>monthlyopen
c6 = Volume[1]>10000
c7 = exponentialaverage[13]>exponentialaverage[26]
c8 = exponentialaverage[20]>exponentialaverage[50]
test = c1 and c2 and c3 and c4 and c5 and c6 and c7 and c8
screener[test]
Download
Filename:
PRC_Best-Buy-Stocks-intraday.itf
Downloads:
938
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