Intraday volatility explosion screener

Intraday volatility explosion screener

This screener is an attempt to find price volatility explosion in intraday. The code spots if the last activity of the Bollinger bands were quiet before it breaks up or down a keltner channel made of typical price moving average. 

The default parameters work well for forex on a 5 minutes timeframe.

You can try and explore the parameters for any instrument and timeframe horizons. If you find better parameters or ideas to complete this code, I would be glad to improve it.

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. besserwerden • 04/28/2016 #

    Hallo Nicolas,

    I think this is a great Idea.

    I tried a screener “Hammer breakout within 4 bars after the occure of a hammer”

    So the screener should deliver all shares with a hammer and with a close over the high of the hammer with the first, the second, the third or at least with the fourth bar.

    I tried various hours, but I couldnt get a perfect working screener. Could you help me?

    Best regards
    Michael

  2. besserwerden • 04/28/2016 #

    // Hammer up
    Hup = close[i]>high[i+1]
    Hdown = close[i]open(i+1) and high(i+1)=close(i+1) and (open(i+1)-low(i+1))>=2.5*(close-open)
    //Candles lookback
    xCandles=4
    //******************************
    TIMEFRAME (daily)

    countd = 0
    for i = 1 to xCandles do
    b1 = (Hup=0)
    b2 = (Hdown=0)
    if Hammer and b1 and b2 then
    countd = countd+1
    endif
    next
    c1=Hammer and Hup and countd<=xCandles

avatar
Register or

Likes

avatar avatar avatar avatar avatar
Related users ' posts
Balmora74 thanks for this code Philippo ! So if i understand well a Positive (+) EntryOK x ROC means a...
Dritan Hi Philippo,thanks for sharing this code.Can You add please Volume more than 250.00?Thanks
Bhanu Pratap Great Work Sir, Hats Off.
PEDRAM.JOKAR Can I have the code for the screener that detects ABCD according to above code in 2 timefram...
robertogozzi I suggest that you open a new topic in the ProScreener support forum. Thank you.
JJ Tec como puedo colgar una imagen?
Yannick Hello JJ Tec, we can speak in english here (puedes hablar en espanol pero toda la gente habl...
Philippo nice, thanks
jobswaps Sube como trazar lineas de tendencias a tantas barras
MonopolyTm Thanks for sharing. I tried it but i did not get any results. Just checking if that's the ca...
RobertFX Works fine
Kees Pols great tool! Thank you
Gianluca THANK YOU!!!!!
sophia_etoille83 Merci beaucoup Nicolas, En effet l'ajout du close affiche le même graph, je parlais d'af...
Nicolas Non tu ne parlais pas de cela ?! Il fallait afficher l'indicateur sous le graphe principal e...
sophia_etoille83 Ok Nicolas je vais le poster. Je me suis mal exprimée alors. Je refais un post. Merci Bel...
Pablo Carmona del Moral hola juanjo, muchas gracias por este screener que nos has compartido. creo que lo voy a util...
Pablo Carmona del Moral para el volumen he cambiado: // Volumen significativo VS=volume>2*(average[10](volume[1...
Juanjo Muchas Gracias Pablo, ...Tengo varios screener, uno lo tengo adaptado para operar intradía, ...
Kris75 Hi Bala, you need first to install ZeroLagMACDWeek indicator and then add on it the diverg...
berga Hi, thank you very much for this very useful screener. I would like to get another very clos...
leoulve Hello, I uploaded correctly the screener and it is not selecting any. Is it normal? cheers

Top